If You’ve Been Notified of an IRS Investigation, You Have a Legal Problem
While your tax return may have been randomly selected for further review, the IRS may have found something suspicious in your taxes.
Failure to pay taxes or failure to file them accurately can devastate you, your family, and your business. It’s a crime, and one the IRS takes very seriously.
Make no mistake: You’re facing a serious legal problem and need an attorney who understands tax law.
Scott Scammahorn has been helping East Texans protect themselves from overzealous IRS agents for over 16 years.
No matter what the IRS is looking for, we can help protect your interests. Contact our Dallas, TX, offices today to schedule a consultation to discuss your tax situation.
Why Am I Being Investigated by the IRS?
Most IRS investigations begin with an audit. During this audit, they’ll review your tax documentation. Hopefully, the audit clears it up, but if the IRS believes you intentionally mislead them, they may file criminal charges.
These are the most common actions that trigger an investigation.
Your Taxes Don’t Add Up
Maybe you forgot to add some income, or you took a deduction without realizing you no longer qualify for it. Either way, your taxes don’t reflect the information the IRS has on file and they want to look into it.
Excessive Deductions
If you itemize your deductions, the IRS will compare them against the average number of deductions that year. If you have more than average, it will likely trigger and investigation into your reasons.
You Filed Schedule C
The IRS pays particular attention to Schedule C filers. If you’re claiming business losses, you need to do so very, very carefully. It’s almost always cheaper to hire an accountant to file Schedule C than to go through an IRS investigation because you didn’t.
Claiming Inappropriate Losses
Writing off business expenses is fine. People do it every day. But if the IRS suspects that you’re claiming personal losses–or if you’ve never claimed a loss before–it will likely trigger a little more scrutiny.
You Dealt in Crypto
Crypto has fewer regulations than traditional currency, and in many ways, the IRS and other federal agencies are learning how to manage that. For now, most Crypto reporting triggers more scrutiny.
Inappropriate Business Claims
It’s perfectly fine to deduct business expenses, like your home office or business use of a vehicle. But if you report 100% use of a vehicle for business, the IRS will look. It’s always important to keep deductions well-documented.
How Much Trouble Am I In?
A lot of individuals and businesses panic when they see a notice from the IRS, especially if it’s informing them of an audit.
But an audit doesn’t necessarily mean you’re in trouble. The IRS isn’t in the habit of spending money to prosecute people who had a mathematical error in their return.
However, if you did do something wrong and it can be proven in court that you did it on purpose, you have a very serious legal problem on your hands.
An experienced tax attorney can help you navigate IRS problems, whether they be civil or criminal in nature.
If you’ve received a notice from the IRS, contact the Dallas offices of Scott Scammahorn today to speak with an experienced, committed tax attorney.
Relief from Audits & Other IRS Investigations
There may be a number of reasons you’re being investigated by the IRS. Our firm works to ensure that, whatever the reason, you get the best outcome possible in your unique situation.
Audit Representation
Most investigations are going to include an audit. It’s essential that you have representation during this time. Scott Scammahorn will protect your rights and negotiate with IRS agents to promote your interests.
Offers in Compromise
By far the best outcome in a situation involving tax debt, an Offer in Compromise (OIC) enables you to discharge your tax debt without paying the entire amount. It’s often the solution we try first.
CNC Status
In some instances, you may not be able to pay your tax debt without a significant burden. In these instances, the IRS will label your file “Currently Not Collectible.” Should your situation change, you may hear from the IRS again.
Penalty Reductions
The IRS levies significant penalties on tax debts. If at all possible, our team will work to reduce those penalties to give you the best chance of paying back your tax debt.
Installment Agreements
If you’re unable to pay your debt all at once, the IRS will accept a payment plan that helps you repay over time. If you’re facing tax debt or other IRS problems, contact our offices today to schedule a consultation.
A History of Successful Tax Law Interventions
Scammahorn Law Firm is committed to helping our clients secure the best possible outcome in their situation.
Our firm’s results include
- A $1.3 million dollar liability reduced to nothing
- A $1.2 million debt reduced to $755
- A $920 thousand debt reduced to $1524
- And more
Schedule A Consultation with a Dallas Tax Attorney
If you’ve been notified of an audit or other IRS investigation, contact that law offices of Scott Scammahron to speak with an experienced tax lawyer in the Dallas, TX, area.
