Unforseen IRS Tax Problems & Audits

Unexpected Tax Problems

In some cases, IRS tax problems may be unexpected and scary. In these cases, the person is generally not prepared to deal with some of the consequences that may result. They may not know what steps they need to take and what can be done to solve the problem. This is where IRS tax help can be very beneficial.

When a people are married, the tax return is generally filed in a joint status. In this situation, both people are held equally liable for any problems that may arise from tax problems that are discovered. In most cases, there is nothing to worry about for either party, but in some instances, one spouse or the other may have a problem that the other is not aware of. Divorces are a situation this problem most often occurs. In the case of a divorce, a tax lawyer may be necessary for protection of your credit.

For others who have tax problems and owe the IRS large amounts of money, they can claim hardship status to receive IRS tax help. In many cases, paying back the IRS all of the money at one time can cause the person and their family to suffer. They may not be able to afford payments for things like groceries, electricity, and home payments. If a person can claim that they have financial hardships, creating a payment plan with the IRS is a possibility. A person should hire an attorney to help with this step towards repaying the IRS.

Preparing For An Audit

One of the scariest things that a taxpayer may have to deal with is a word audit. Each year, many tax returns are flagged for audit due to suspicious looking items on the tax return. Likewise, other tax returns each year are randomly audited. The word audit can be a scary thing, but in many cases the audit will turn up nothing meaning the tax return is fine as filed. But in the case that the audit does turn up a mistake, hiring an attorney to prepare your audit defense may be the best option. Many people are not familiar with all that is involved and a tax attorney can help.