IRS Tax Relief Help: Understanding an IRS Audit

Facing an IRS audit is overwhelming. It’s not something to be taken lightly, nor is it something to be avoided or handled on your own. Seeking professional, experienced help is the key to successfully surviving an IRS audit. Because the average taxpayer lacks IRS tax law knowledge, they cannot be expected to adequately defend themselves.

Taxpayers across the country are afraid of being audited by the IRS – and rightfully so. A tax audit may lead to aggressive collection efforts on behalf of the IRS. A tax audit is a procedure wherein the IRS attempts to confirm that the numbers you reported on your tax return are indeed true and correct. Almost all taxpayers are confused when it comes to an IRS audit. Audits can be done to an individual or a business, and there are several different types of IRS auditing methods. These include correspondence/mail away audits, office audits, and field audits.

An IRS agent will approach your tax audit exactly like an investigation. They will ask you questions in an attempt to get valuable information about your finances. In most cases the agent will come off as friendly and personable, but if you tell them too much information it can end up hurting you in the long run. For instance, the agent may ask if they can come to your house. This might seem like a convenience to the taxpayer, but the reality is that the agent’s intention is to find out as much as possible about every asset the taxpayer owns. For instance, the agent may suspect that you are living beyond your means based on the income you reported by seeing the type of house you live in, the type of car you drive, or the artwork hanging on your walls.

If an IRS agent contacts you, we recommend demonstrating the utmost kindness while at the same time remaining mindful of what their intentions are. Informing the agent that your professional tax representative (Enrolled Agent, CPA, or Attorney) will be handling your case is all you need to tell them. From that point, your representative will take the necessary steps to ensure the best possible outcome.

The professional staff at JG Tax Group has over 150 years combined IRS experience and our employees consist of ex-IRS agents who actually helped write parts of the IRS Manual. Most tax resolution companies claim that they employ tax professionals, when in fact their staff may have very little tax and IRS experience. It is important to research any company before hiring them. If you are facing an IRS audit, contact JG Tax Group today to secure your financial future.