For anybody who is being investigated by the Internal Revenue Service, choosing the top IRS Audit Defense Lawyer in Tennessee is crucial. Hiring a knowledgeable Memphis tax lawyer right away is essential if you are being audited. In tax disputes, including IRS audits and collection proceedings, our staff has vast expertise defending both individuals and companies.
An audit is a review of a taxpayer’s financial records, income tax returns, and other information. Verifying the veracity of taxpayer reporting, looking into any questionable or inconsistent information in the records, and collecting unpaid taxes are the objectives. Based on statistical analysis, tax preparer recommendations, or other criteria, the IRS may choose which individuals to audit.
You should get in touch with a Memphis tax audit attorney at Frazier Law right away if you are chosen for an audit. Our office is more likely to be able to assist you in avoiding fines the sooner you get in touch. Additionally, we can shield you from the IRS’s infamous wage garnishment, which involves the government deducting funds straight from your paycheck.
Failure to submit tax returns and other infractions of federal tax regulations can result in severe fines from the Internal Revenue Service. To recover delinquent taxes, the government may occasionally seize assets or bank accounts. But whether the IRS has enough proof to back up the assertions being made is the fundamental legal question.
By collaborating closely with the IRS to resolve any unpaid debts, an experienced Memphis tax audit lawyer may assist you in avoiding these issues. In order to save your property from being seized, we may also assist you in defending against a lien or levy.
The IRS has the authority to launch a criminal investigation and bring charges against you in accordance with federal law if they find that you intentionally engaged in tax fraud or evasion. Deceiving the government for financial advantage is a white-collar felony that carries severe fines and jail time. By defending yourself against any accusations made against you, a Memphis tax fraud lawyer from our company may help you safeguard your rights and reputation.
Although they are not attorneys and cannot shield you from the possible legal repercussions of the statements you make, certified public accountants and enrolled agents can offer helpful guidance on how to manage your tax affairs. This also applies to any information you provide to an IRS agent or other non-attorney practitioner. Due to state and federal regulations defining attorney-client privilege, only an experienced IRS audit lawyer may advise you on the legal ramifications of any discussions or information you give to CPAs, enrolled agents, and IRS investigators.
At Anderson Bradshaw, we provide state and federal tax representation to both individuals and corporations. In order to properly defend you against audits and other inquiries, our attorneys possess extensive understanding of both Tennessee and federal tax laws. In order to stop the IRS from taking money out of your bank account or seizing your possessions, we may also assist you in resolving tax liens and levies.