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Understanding Tax Audits, Tax Relief, And Tax Attorneys In Los Angeles
Taxes are unavoidable; it's virtually everywhere especially if you buy goods as an end user. As tax season approaches, now might be the time to consider consulting with IRS tax lawyers or tax attorneys in Los Angeles. You may need these professionals soon if there are certain changes in your tax declarations, or if you want to go for tax relief.
Why the IRS audits some people
The Internal Revenue Service is always on the lookout for tax evaders because that's their job. They need to make sure they collect the right taxes from all individuals all the time. Doing otherwise will have people accusing them of being negligent and failing to do what they're supposed to. Tax audits, fortunately, are not for everyone. This may only happen if you do the following things.
- Declared a smaller income from last year - Major accounting firms suggest the IRS is always on the lookout for any significant changes in income. If your income is suddenly less, they may construe this as under-reporting earnings.
- Lost or forgot to file a form -A negligent act is one they might not let go, as they think you could be doing ...
... something unethical or illegal. Both employers and employees should be cautious on this part and recheck all their submissions before filing if they want to avoid auditing.
- Donated more this year - Higher charitable donations may be good for the soul, but it also alerts the IRS. Check your previous donations and know the correct papers to file in case you go over a supposed amount.
- Included expensive meals in your expenses- This is especially true for business owners who don't usually wine and dine investors. The IRS will want to know if these claims are true and if you really used these spending for business.
- Your numbers don't match - If declared figures on forms don't match or add up correctly, the IRS will get suspicious. Taxpayers should literally do the math in this case and make sure they have all numbers lined up.
What is tax relief?
Tax relief is a provision referring to tax breaks and other write-offs reducing tax amount due. The relief is possible in all three levels including local, state, and federal. The targeted audiences for tax relief are individuals and businesses needing financial breaks. This said, multi-million industries and millionaires automatically do not qualify.
Why hire IRS tax lawyers or tax attorneys in Los Angeles
An IRS auditing event is a serious matter, and so is filing for tax relief. The last thing you want in both instances is to come under suspicion because your tax life can spiral down the drain if you do. The IRS can be a tough organization to deal with especially when they think you are skimping on taxes.
IRS tax lawyers or tax attorneys in Los Angeles can help you get through both situations as they have the expertise. In filing for tax relief, for instance, they will know which case to file on your behalf, as there are provisions set for individuals and businesses. In an individual's case, applicable relief might come if a person suddenly loses a job, home, and valuables due to a natural disaster. They will also be qualified to represent you in case the IRS decides to press charges for tax evasion.
Of course, all these information on IRS tax lawyers or tax attorneys in Los Angeles will be useless if you don't consult with one soon. Use the Internet to find qualified law firms in your area so you can begin discussion and choosing the right legal professional to help you.
Jade Vaughn is a paralegal who has worked with a tax attorney Los Angeles and other IRS tax lawyers.
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