Blog
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How the Estate Tax is Calculated
Will My Beneficiaries Have to Pay the Estate Tax? The estate tax, more ominously known as the death tax, is a federal tax that is due when a deceased person’s estate exceeds a certain monetary threshold. The federal estate tax is brutal, since an estate that is subject to the estate tax will owe roughly 40% to the federal government. However, most estates are thankfully not subject to the estate…
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How IRS Appeals Work
The appeals mission is to resolve tax controversies, without litigation, on a basis which is fair and impartial.
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How an Auditor Prepares for an Office or Field Audit, Part 1
The IRS knows well the truth of the words of a Supreme Court Justice that “a person can be defined by the checks he writes.”
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How an Auditor Prepares for an Office or Field Audit, Part 2
If the revenue agent is not satisfied with what you have provided the IRS may issue something called a summons.
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FOIA Request – Getting the Auditor’s File
You are entitled to a copy of almost everything in your IRS auditor’s file under the Freedom of Information Act, or FOIA.
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Finalizing an IRS Appeal
You may not walk away with a deal from the appeals officer at one sitting. The officer may want more documents from you or…
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Example of an IRS Appeal
The law says that a sideline business loss can produce a tax write-off as long as the business owner is honestly trying to make a…
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Ending an Office or Field Audit
Generally, there is no stopping an audit once it begins. Once the IRS sends an examination notice to your last known address, the audit…
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Correspondence Audits and Other IRS Notices
If visiting the IRS would cause you great hardship, you can ask that the office audit be held at your home or business.
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Changing an Audit Form Office, Field or Mail
If visiting the IRS would cause you great hardship, you can ask that the office audit be held at your home or business.
