Hiring the best IRS Audit Defense Attorney in Tennessee is crucial to defending your rights against the Internal Revenue Service. A qualified lawyer acts as a mediator between you and the IRS, protecting you from intimidation and helping you prepare a robust defense strategy. An experienced attorney also understands federal and state tax law, and can provide valuable guidance during the audit process. They may also be able to limit the scope of your audit, reduce your final tax bill, or even represent you in criminal cases related to tax fraud.
The IRS audits individuals and businesses to verify the accuracy of their tax filings. These audits can take the form of correspondence, in-person interviews, or field examinations. Correspondence audits typically involve sending the taxpayer a letter asking them to substantiate their deductions and expenses. Common deductions include medical expenses, charitable contributions, and business write-offs. If you are being audited for one of these issues, it is important to hire a Memphis IRS audit lawyer who can help you avoid any unintentional self-incrimination or missteps that could expand the scope of your audit.
A field audit is a full-blown investigation by an IRS employee. These are usually conducted at home or the workplace, and may be part of a larger investigation into suspicious-looking returns or alleged tax fraud. This type of audit can be extremely stressful, and it is highly advisable to consult with an attorney before speaking to any IRS agent. A Memphis tax audit attorney can guide you through the entire process, helping to ensure that your rights are protected and your taxes are filed correctly.
If the IRS suspects you of committing tax fraud, they will open a criminal investigation and contact the police. You could face serious penalties if convicted of tax fraud, which falls under the category of white-collar crime and involves deception for financial gain. If you are being investigated for fraud, it is essential to speak with a Memphis tax audit lawyer immediately. They can help you defend your rights and protect you from the harshest penalties.
Many people file their taxes without giving them much thought until they receive an audit notice from the IRS. In some cases, the IRS randomly selects tax returns for examination. In other instances, an audit can be a result of a specific red flag such as alleged tax fraud, missed tax filings, or improperly claimed deductions. Regardless of the reason for your audit, it is critical to hire a Memphis tax audit lawyer right away. A professional can help you prove your innocence and avoid heavy fines. You should be particularly proactive if you are being investigated for tax fraud, as this is considered a federal crime and can impact your personal and business life. Contact Frazier Law to get started. They offer a free consultation to review your case. They also handle cases involving real estate, estate planning, and small-business tax matters. They serve clients throughout Tennessee, including Nashville, Franklin, Murfreesboro, Hendersonville, and more.
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