IRS Audits

Hi Gang!

I am getting reports from clients that the IRS is poking around looking for tax dollars. If you receive an IRS audit letter contact me ASAP!

As we all know, the Fed's are under some very heavy pressure to figure a way to reduce the deficit. Of course cutting programs and related expenditures is not an option for the the current administration so the only other option is to collect more taxes. This has been building for some time and the IRS letters are apparnetly going out to anyone that might be willing to just pay up.

Most of these IRS letters are mass mailings triggered by a computer program with preset conditions. For example, a few years back tax payers were receiving automated IRS letters if they received a form 1099. The letter stated that the IRS could not agree the form 1099 to their tax return. Well for taxpayers that receive multiple form 1099's the IRS will never be able to tie the individual 1099 amounts to the tax return. But this rattled many tax payer cages and many just paid up the requested extra tax payment without pushing back. That is expensive for the taxpayer and a good revenue source for the IRS.

If you receive an audit type letter from the IRS, please get it to me ASAP. We'll discuss the options and decide what the best course of action is. I can get involved and handle this situation for you and hopefully reduce or eliminate any additional tax, penalties and interest.

Reg Baker, CPA PFS
http://www.regbaker.com/