In Memphis, Tennessee, a lot of people believe they have a spotless IRS record. On the other hand, an audit notification might reveal a number of tax-related problems. Your filed taxes and financial data must be examined by an auditor to check for inconsistencies. Additionally, they will look for any irrational attempts to lower tax obligations, such inappropriate deductions and unreported income.
The audit may be extended to include many years if the auditor detects fraud of any kind. You may examine your previous returns and spot possible issues with the assistance of a knowledgeable Nashville, Tennessee tax lawyer. The attorney-client privilege protects this practice. Your attorney can also protect you from any criminal inquiries and penalties during the audit process.
The IRS is quite interested in getting money that is owing to them. They will impose a tax lien or levy on your property if you fail to pay your past-due taxes. Your ability to sell or refinance your house or vehicle will be impacted by these major issues. To bring your past taxes under control, a skilled Memphis, TN tax audit defense attorney may work out a tax settlement with the IRS.
Tax fraud is a severe crime that carries hefty fines and jail terms of up to 20 years. A knowledgeable lawyer can defend you against tax fraud allegations by demonstrating that the IRS erred in its investigation and that the evidence was insufficient. You will have a far higher chance of getting the accusations against you dismissed if you do this.
A Tennessee tax lawyer may help you with civil matters, such as filing or auditing errors and tax return preparer carelessness, in addition to criminal charges. With a thorough grasp of both state and federal tax rules, a tax attorney will be well-equipped to assist you in properly navigating your circumstances.
Verify the credentials and experience of the tax lawyer you want to work with. Additionally, you want to check for ratings and evaluations left by their prior customers. Additionally, confirm that the lawyer belongs to your state’s bar organization. Your rights and interests will always be safeguarded by a trustworthy tax lawyer.
Your chances of having your case dropped or handled favorably can be greatly increased by selecting the top IRS audit defense lawyer. A reputable tax lawyer in Memphis, Tennessee, can help you navigate your case and make sure your legal rights are upheld at every stage. To find out more about your possibilities, speak with a tax lawyer right now. Robert J. Fedor, Esq., L.L.C.’s lawyers travel all over the nation to defend clients in federal court who have large tax obligations. They have a great deal of expertise fighting tax fraud cases, and they may assist you in appealing an audit or a criminal probe. Additionally, the firm offers estate and business planning services, including 1031 exchanges and SDIRA alternative investment opportunity divestitures.