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How the Estate Tax is Calculated
Will My Beneficiaries Have to Pay the Estate Tax? The estate tax, more ominously known as the death tax, is a federal tax that is due when a deceased person’s estate exceeds a certain monetary threshold. The federal estate tax is brutal, since an estate that is subject to the estate tax will owe roughly […]
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IRS Audits: Top Six Field Audit Issues
Some field audits last a couple of hours and are wrapped up that day. In extreme cases, a revenue agent may spend hundreds…
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The IRS Appeals Protest Letter
IRS appeals rules differ, depending on the amount of taxes you are disputing from an audit. It’s important to know at which thresholds…
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Tax Court: How the IRS Handles ‘Regular Cases’
If you want to contest in tax court an audit outcome of over $50,000 for any one year, your case will be considered…
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Should You File a Tax Return While Under Audit?
Here’s one way to minimize the expansion of your audit: Don’t file a tax return while an office (read here) or field (read…
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Reviewing the Automated Adjustment Notice
Money magazine estimates that between 25% and 50% of automated adjustment notices are erroneous. A common IRS mistake is not finding an income item…
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Presenting a Case to an IRS Appeals Officer
Some appeals officers sit back and wait for you to present your case, while others run the show by asking questions.
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Preparing Your Case for Tax Court
Tax court is a whole new ball game. It is a brand new hearing before a judge who knows nothing about your case.
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Preparing for the Office Audit – Part 2
Here is how to prepare for the encounter with the IRS when being subjected to an office audit - Part 2
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Preparing for the Office Audit – Part 1
Here is how to prepare for the encounter with the IRS when being subjected to an office audit - Part 1