Hiring a Boulder IRS Audit Defense Attorney is critical in this situation. If you let time pass by without handling an IRS tax audit seriously and fail to deal with it properly, your case can only worsen. An experienced professional who has several years of expertise in this area must handle your case and defend you in front of the IRS auditer. This is the most critical time so you need someone who is highly aware of how to deal with the IRS auditor and the complex IRS procedures.
Most tax returns are processed during the tax year, which starts on April 1st and finishes on June 30th. However, some taxpayers still file their tax returns after this date because some state laws allow filing of such documents earlier than the required time. However, if a taxpayer files his/her returns late, the audit will be delayed until the audit date rolls around again. This is why it’s important to have a Boulder tax lawyer on your side from the start of the audit process to the end. For more details, visit www.coloradotaxattorneys.net/tax-debt-attorney-boulder-co/.
IRS tax attorneys can offer you many valuable services. They can advise you on the appropriate way to deal with the IRS auditor. For instance, they can instruct you on how to address the queries that the IRS auditor may make, how to prepare for the audit, what questions to ask and how to answer them. Attorneys can also negotiate with the IRS to get you the best tax resolution possible.
Most states in the United States require taxpayers to preserve all tax records for a minimum of 7 years. This means that if the IRS demands for your financial records, you must be able to produce those records in record time. In fact, you can be sued after an audit by the IRS for any failure to produce the records within the required time period. If you can’t produce the records in record time, you can be held in default of your agreement under the debt collection provision of your IRS agreement.
Tax attorneys in Boulder are particularly useful for taxpayers who are appealing the initial assessment against them. Attorneys representing taxpayers in general cases are especially valuable to them. The court systems in most states are backlogged, with a huge number of cases being pending. When the court system is backlogged, taxpayers may not receive the same fair assessment as others. A tax lawyer representing a taxpayer on appeal can get his client a much fairer assessment of his case.
There are many tax issues that taxpayers run into when they are audited. A tax resolution lawyer can be your guide in fighting the IRS in any of these situations. The tax resolution lawyer will study your case thoroughly and advise you on the best course of action. If you have tax issues, you will want to make sure to get in touch with a tax resolution lawyer to prevent further problems.