Who Can Help Me with an IRS Audit

In case you are buried in tax problems, the popular Harvey Specter might not be of much use but a seasoned tax lawyer surely will help you with the IRS audit. Make no mistake and do not involve in the logical fallacy that you will never receive a notice for an IRS audit because you have never received it in the past. Most taxpayers who receive the audit notice from the IRS have never been previously audited by the IRS except the high net worth individuals. Your tax lawyer, apart from facilitating you during the IRS audit, will also help you to take benefit of tax credits and help your business in reducing tax bills.



Original source:http://freedomtaxaccounting.com/who-can-help-me-with-an-irs-audit/ 

Apart from this, most tax disputes that arise during the IRS audit can only be professionally dealt by a IRS tax attorney. But if you are required to pay a settlement, then your tax lawyer can negotiate a deal with the IRS personnel.

Most of the IRS audits lead to 'Offer in Compromise'. This agreement takes place between IRS and taxpayers only when the taxpayer is able to convince the IRS that paying the tax liability immediately in one lump sum will adversely affect the taxpayer and will bring economic hardships upon him. You alone will never be able to convince the tough IRS auditing and settlement team. This is where an IRS tax attorney can save you from IRS who will otherwise try their best to hand you a raw deal. Note that IRS tax lawyers are trained to handle such situations thus, you have a greater chance of getting a fair deal if you hire a tax attorney to facilitate you in the IRS audit.

From the above content we can arrive at the conclusion that a certified professional IRS tax attorney is the one that can help you with an IRS audit. Of course you can help yourself but it is recommended by most experts not to tackle this complex issue yourself, but rather appoint a tax lawyer as a representative and authorize him to handle your or your company's tax matters. You can disclose any information that can help you build the case or any confidential information to your tax attorney knowing that they will not be forced to testify against you in the court of law.

If you have received a notice (by mail or telephone) of an IRS audit and you are looking for a professional tax lawyer who can help you with an IRS audit then you should look for professional tax attorneys. Our professional tax managers can help you in the tumultuous times of tax audit. We are a trusted taxation service provider and have been in this business for more than a decade. If you need any other advice or want to know more about our services, feel free to contact us at 407-344-1012 or visit our official website, www.freedomtaxaccounting.com, for viewing the testimonials of our clients. For requesting a call back, please email us at info@freedomtaxfl.com.

How to Get A Tax Id Number

As you have got a clear concept about the nature of an ITIN - Individual Tax Identification Number, the benefits that ITIN offers, the people who are entitled for it and its need, now you should know about how to get ITIN. Read the following important steps to know more about how to get ITIN, or call 407-344-1012 and visit www.itinnumberonline.com

First step:

Any individual who wants to get an ITIN number should firstly find the most recent version of the W-7 form as per the changes made in the US tax law by the IRS - Internal Revenue Service. Once you find the newest version of the form, the next thing that you have to do is fill the form.

Second step:

The next step that you need to know about how to get ITIN is to fill the application. You will need assistance from a lawyer for this purpose because filling the application is a very critical process. You will find many complex terms in the application so it's better to fill it with the guidance of a qualified and proficient lawyer.

Third step:

Once you fill the w-7 application with the help of a lawyer, the third step of getting an ITIN involves the attachment of a proof of your revenue tax return till you fulfill the conditions for the exemption.

Fourth step:

After knowing about attaching the tax return proof, the next thing you need to know about how to get ITIN is the attachment of your original document that shows your overseas status and your identification proof given by the issuing authority.

Fifth step:

Once you fill the W-7 form and attach all the required original documents, the last thing you have to do is to send the application to the department of ITIN in the office of IRS - Internal Revenue Service. Send your application through mail or other alternative ways indicated by them.

Source: http://www.itinnumberonline.com/how-to-get-itin/

¿Cuánto Tiempo Puede El IRS Cobrar Las Deudas De Impuestos?

¿Por qué el IRS tiene sólo 10 años de lapso de tiempo?

Como ya usted sabe en cuánto tiempo puede IRS cobrar las deudas tributarias, vamos a ver el factor de que ¿por qué son sólo 10 años? Al IRS se le permite cobrar las deudas tributarias de los contribuyentes sólo por el período de tiempo de 10 años por la ley federal. Hacer esto se convertirá en un obstáculo en la productividad de una agencia del gobierno, entonces ¿por qué podría limitar su colección? Esto se debe a que es mucho más fácil colectar el impuesto sobre las deudas actuales que las antiguas. La implementación del estatuto de limitaciones obliga al IRS a utilizar sus recursos en las deudas casi seguras de colectar. Una vez que la Fecha de Vencimiento del Estatuto de Colección pasa, el IRS no tiene autoridad para confiscar sus propiedades y cuentas bancarias o demandar el dinero de los impuestos.



Para mas informacion de como elimiar su deuda de impuestos entrar a www.freedomtaxfl.com o llamar al 407-344-1012.  

La ley de limitaciones es a menudo confundida con el que administra los acreedores comerciales como las agencias de recaudación de impuestos. Tan pronto como el estatuto de limitaciones expira, el acreedor no se le permite demandar al deudor, pero puede seguir con otros métodos de recolección. Incluso si el IRS ha decidido no apoderarse de su propiedad, el derecho de retención impuesta a sus propiedades inmobiliarias será un gran obstáculo en la venta o transferencia de la propiedad. Es deber del IRS el liberar todos los embargos de propiedad infligidas tan pronto como el estatuto de 10 años del estatuto de limitaciones termine. Si el IRS sigue sin levantar el embargo de sus propiedades y otros activos dentro de los 30 días, debe ponerse en contacto con el IRS y apelar para obtener información sobre el estado de derecho de retención de su propiedad. Aparte de la solicitud, una mejor opción será la de pedir un certificado de libertad de gravamen del IRS. El certificado será una prueba de que el derecho de retención infligido por el IRS en su activo está ahora invalidada.

¿Quieres saber más sobre en cuánto tiempo puede el IRS cobrar las deudas tributarias? ¡Continúe leyendo!

¿El período de recolección fue extendido?

Aunque la ley federal ha impuesto un plazo de diez años de limitaciones en el IRS para el cobro de las deudas tributarias, pero en cuánto tiempo puede el IRS cobrar las deudas tributarias, también depende de algunos otros factores. Hay algunas excepciones que podrían extender el lapso de tiempo de la ley de limitaciones. Digamos que, si usted obtiene una quiebra y se declara en la  misma o sale de los Estados Unidos, la ley de limitaciones se convertirá en nula y sin valor en ese mismo momento. Sólo puede reanudarse una vez que regrese a los Estados Unidos o en la otra situación, si gana su caso de bancarrota. Pero, volviendo de nuevo al país no es suficiente, una vez que están de vuelta tiene que presentar una "oferta de compromiso" para que su estatuto de limitaciones consiga una extensión de al menos un año. Pero recuerde una cosa, la presentación de un archivo para una oferta de compromiso, el apelativo del cónyuge inocente o la solicitud para procesar su colección adeudada, todo esto en última instancia, caerán en su contra. Porque mediante la presentación de todas estas solicitudes, el IRS tendrá más de 10 años para el cobro de las deudas tributarias. Por ejemplo, si usted solicita una oferta de compromiso, tomará un lapso de tiempo de 9 meses para que el IRS lleve a cabo su evaluación. Si la oferta de transacción es rechazada, el IRS tendrá una extensión de más de 9 meses. Así que tenga cuidado mientras presente cualquier solicitud, ya que sin darse cuenta puede permitir que el IRS continúe la colección de sus deudas tributarias por un largo período de tiempo. No le es suficiente saber en cuánto tiempo puede el IRS cobrar las deudas tributarias, entonces siga leyendo para más detalles!



Fuente: http://freedomtaxaccounting.com/sp/cuanto-tiempo-puede-el-irs-cobrar-las-deudas-de-impuestos/​

What to do if I am being audited by IRS and have no receipts?

Fear not, the Cohan Rule can save you. But what is a Cohan rule and will I be eligible for it?



For more info go to www.freedomtaxaccounting.com or call 407-344-1012

Named after the famous Broadway star who gave the world “Give my Regards to Broadway”, George M. Cohan in 1900s was audited and told that he will not be allowed to claim deductions on the expenses he wasn't able to show proof of. It was wrong of him to not keep the receipts but he still appealed this ruling that even though he didn't have the official receipts to prove it, he did incur the expenses and therefore must be given a fair trial. Luckily the courts sided with him which forced the IRS to accept all his estimates of the expenses. Today, the same rule allows many business owners to deduct few of their business-related expenses even when they have no receipts to show that they were incurred.

However, the IRS isn't a fool to allow anyone to use the law for their own benefit. There is of course a catch. Taxpayers will only be allowed to deduct some of their business-related expenses if they are able to show some oral, written or supportive documentation, if not the original receipt. This will serve as a foundation on whose basis a reasonable approximation has been made.

According to the rule, the IRS allows business owners to deduct their expenses that were incurred to run the business and whose receipts can't, aren't, or weren't documented. If you provide sufficient credible evidence, the IRS will have no choice but to deduct those expenses from your tax returns.





source: http://freedomtaxaccounting.com/being-audited-by-irs-and-have-no-receipts/