Finding a good tax attorney who is competent to handle IRS tax matters can be challenging. There are a number attorneys who claim to provide tax services, yet they have no tax experience or education. The following is a top ten list of desirable tax attorney characteristics that will help taxpayers narrow down their list […]

What are the chances of being audited? While the IRS does not release many of the factors that it uses to identify taxpayers for tax audits, the IRS does release general statistics that can help gauge an individual’s audit potential – or can they?
Looking at the most recent IRS statistics for fiscal year 2006, the […]

The IRS often audits small business tax returns with the aim of denying deductions for business expenses, including lodging, meals, and other incidential expenses.
The IRS pursues these audits becuase taxpayers often do not keep adequate recrods to substantiate the deductions that they claimed on their tax returns. This allows the IRS to open audits to […]

The IRS recently released Revenue Procedure 2006-44, which sets out the rules for the finalized IRS Appeals Arbitration program. This new program presents some new opportunities that taxpayers must consider.
The new IRS Appeals Arbitration program provides yet avenue to appeal factual issues that are cannot be resolved by the IRS appeals process. The program is […]