Hiring the top-rated IRS Audit Defense Lawyer in Tennessee as soon as possible is a smart option if the IRS notifies you of an audit. You may protect yourself from potential penalties and fines with the assistance of a Memphis tax audit attorney. Assets including your house, vehicle, and bank accounts are subject to liens and levies by the IRS. A skilled tax lawyer will assist you in resolving your obligations and avoiding these repercussions.
To verify that tax payments and filings are accurate, the IRS performs audits. It accomplishes this by conducting in-person interviews with taxpayers and sorting through papers using computer analysis. Any kind of tax return, from straightforward forms to intricate company returns, may be audited by the agency. A Memphis tax auditor will look for discrepancies in your documentation. The major causes of an audit include too large deductions, late tax payments, and incorrect tax files.
A skilled IRS tax lawyer can keep an audit from turning into an enforcement action or criminal prosecution. The IRS will get in touch with law enforcement if it believes you have committed fraud. By making sure that any assertions you make to the IRS are supported by facts rather than conjecture, an attorney can shield you from this. A lawyer can also assist you in creating a payment schedule to pay off your debts and lower your total debt.
From start to finish, a Memphis tax audit lawyer will guide you through the whole procedure. If required, they can act as your representative in a tax court case and negotiate with the IRS on your behalf. Additionally, they can assist you in appealing an IRS judgment. They may assist you in limiting the audit’s scope to a certain year or issue, which can save you time and money.
Nashville and the neighboring areas are served by Music City Tax. The company assists people and companies in resolving their federal and state tax problems. Its lawyers can help with tax audits, collections, liens, levys, and other legal issues since they are knowledgeable about both state and federal laws. The business has experience in both criminal and civil taxation. Gary Detloff, its creator, has made appearances on a number of programs, such as Fox Network’s Dollars & Common Sense and CBS’ 60 Minutes.
Located in Nashville, Lee Marsden Law offers a range of services. The business helps with tax planning, preparation, and dispute settlement in addition to litigating state and municipal tax disputes. Small and medium-sized enterprises are also represented by the company. Its lawyers are well-versed in both business transactions and the taxes of estates and trusts. The company can guide customers through the complicated procedure since it has a lengthy experience of representing clients in tax disputes. They can also offer advice on business contracts and capital finance as ways to reduce tax obligations. Additionally, they are up to date on the most recent modifications to both federal and state tax rules.