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Have a Tax Problem? You're Not Alone.
The average US taxpayer is examined, or audited, at least once in their lifetime. You'd think it would be random when they choose someone to harass. But it really isn't.
The Internal Revenue Service (IRS) has more data on you than Google does. Trust me, I've been inside their buildings in Laguna Niguel, CA. That pretty yellow thing over there. I've seen the massive amounts of storage used to keep tabs on your finances and possible tax problems.
With this data, the agents go after the low hanging fruit; taxpayers who have a high percentage of being unable to prove deductions and credits taken on their tax returns. Using their expansive data collection, they've identified taxpayers the best candidates.
Some of these include:
The IRS has a limited budget. As much as they would like to audit every single return that comes in, they simply don't have the manpower to sift through every little detail and ensure that every tax return is accurate. Keeping this in mind I like to say, and constantly remind my clients of the saying that, "the juice has to be worth the squeeze."
They do have a limited budget. They focus on the taxpayers that will bring in the most revenue to the US Treasury post-examination. The juice, usually thousands of dollars in additional newly assessed taxes, must easily pay for the man hours spent to collect it.
In the IRS crosshairs? Want to check out their game plan? Check out their Audit Technique Guides for different industries, yours might be in here too... Click here
How I help with your tax problem:
With as many cases as I've seen, I see some common IRS problems that can be dealt with quickly.
Want to get started solving your tax problem today?
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