IRS Tax Audits

IRS Tax Audits

Although a very slim number of all the individual tax returns turn out to be audited, don’t let that small number fool you, never ignore the risk of an IRS tax audit. The IRS has very smart software that is made to flag tax returns that have potential audit adjustments. Now if you own a sole proprietorship or if you claim earned income tax credit, you have much higher risk of being audited. If the chance comes that you’ve been served with an IRS tax audit, you don’t have to go it alone.

The professionals at the law offices of James Wade have experience dealing with the IRS when it comes to IRS tax audits. The IRS is not something or someone that you can ignore and hope the problem goes away. IRS tax audits are quite the opposite, the longer you ignore it the worse your situation gets. Don’t wait, if you get a letter from the IRS informing you that you are to be audited, get in touch with James Wade right away.

Now you might be wondering, “Why would I hire a tax attorney?”. There are a couple different reasons that you might want to hire a tax attorney when it comes to IRS tax audits. One reason would be if your tax issues are complicated, another reason would be if the IRS thinks you are hiding incoming or exaggerating deductions. No matter which shoe fits, you might be the right candidate for hiring a tax attorney. Sometimes the cost of hiring an attorney verse the cost of what you are being audited doesn’t match up. In those cases James Wade is willing to work with you indirectly, offering advice and helping explain the process.

On the other hand, hiring a tax attorney for your IRS tax audit may be necessary if your are hit with a large amount of additional taxes. If you work with James Wade in this situation he will act as your agent, and go to between yourself and the IRS. He will take the time to sit down with you and go over your return, point out the weaknesses and strengths. He will be by your side through out the whole process, making sure he’s doing all he can to get you in good standing with the IRS. Don’t go it alone, if you’ve received an audit notification, call James Wade right away!