Audited by the IRS? What should you do?
|
|
Last Modified
on
Mar 21, 2018
Should I represent myself or my company if audited by the IRS?
The simple answer from a Tax attorney NO!!!!
If you do you will tell the Auditor something you should not. With that being said if you receive an IRS notice stating you owe a small amount of money due to an error you should talk to a qualified CPA or Attorney and ask if it’s worth fighting. They should let you know. I tell all prospective clients to do a cost-benefit analysis. Also if you do owe money and you do know you owe pay the amount owed.
What if I can’t afford the amount owed?
The IRS usually will let you make payments, but they will charge you interest.
About the author:
Ken R. Ashworth
Founding Attorney of Ken R. Ashworth & Associates
Ken R. Ashworth is the Founding Attorney of Ashworth Law in Henderson, Nevada. He focuses his practice on asset protection, business litigation, estate planning, and tax litigation. Ashworth has practiced law since 1992 and is admitted to the State Bar of Nevada. He earned his J.D. from Pepperdine University School of Law in Malibu, California, in 1990. His work includes advising clients on legal matters involving businesses, estates, asset protection, and tax disputes.
