HOW TO NEGOTIATE WITH AN IRS AUDITOR - ADVANCE TAX RELIEF LLC - www.advancetaxrelief.com
Despite IRS claims that auditors cant negotiate. Give-and –take is part of the process. An IRS Auditors job performance is based largely on how many cases closed – marked at “agreed”. The Auditors wants you to consent to their findings and not appeal or go to Tax Court. This gives you negotiating power. This means the auditor wants your signature so badly she will allow bogus business expenses or overlook unreported income. Here is one negotiating strategy.
1) DON’T JUST SIT THERE LIKE A “MUGU”: Keep asking the auditor about disallowances she is considering as the audit progresses or they won’t tell you what’s on their mind so you can be in the dark until you get the examination report. Don’t let an auditor take the easy way out – make her face and justify her actions. In turn, you can argue your position right there and then. If she plans to make an adjustment because you didn’t produce records, you can ask for time to find or reconstruct the documents. For Example:
A. The IRS Auditors tells Michael, an SEO consultant, the he is disallowing his deductions for the theft of his computer. Michael’s reason is that there is no documentation for the loss. Michael should instead get a police report for the Auditor.
B. The Auditor wasn’t convinced that it was necessary for Mr. Joe to buy a $50,000 airplane for his subcontracting business. Mr. Joe could get a letter from Cox, the general contractor who hired him, saying he hired Mr. Joe to work on a project in a remote area inaccessible by car.
NOTE: Keep in mind, the difference between arguing and negotiating. Negotiating is the art of meeting in the middle. For example: Let’s say you lost all your paperwork for a $600 office supply deduction. The auditor proposes to disallow 100% of the deduction. You can negotiate like “Since I made a profit and maintained an office, I must have bought office supplies. I lost my receipts, but my reconstruction of expenses is reasonable. I should be allowed at least 50%."
Advance Tax Relief LLC is a full service Tax Relief firm in Houston which includes tax professionals, IRS enrolled agents and Tax Attorneys. Our tax professionals are very knowledgeable and experts in tax negotiations. We offer fast response protection to our clients and a commitment to gaining major tax reductions. Whether you are new to tax problems or have hired someone in the past to resolve your tax debt, we have a track record of consistently accepted IRS settlements. This has boosted our reputation as having satisfied all of our clients to date.
We are tax relief experts specializing in IRS back tax help, Installment Agreements, tax lien help, wage garnishment release, IRS Offer in Compromises and a whole lot more. Get a free consultation from an experienced tax relief expert today (800)790-8574 or visit our webpage www.advancetaxrelief.com
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