Sherayzen Law Office is a highly experienced tax law firm that represents individuals and businesses during an IRS audit. We are also proud to have a singular experience of being involved in all aspects of the necessary tax work from creation of tax returns, IRS audits, offshore voluntary disclosures through litigation of tax issues in a federal court. This highly valuable experience provides us with a unique perspective to effectively analyze and deal with IRS audits.
What is an IRS Audit?
An IRS audit is an examination of a taxpayer’s federal tax and information returns by the Internal Revenue Service to ensure that the taxpayer correctly reported all of the information required to be disclosed on these returns.
How Can Sherayzen Law Office Help With an IRS Audit?
Sherayzen Law Office can help you with all aspects of an IRS audit including: representation before the IRS, creation of audit strategy, preparation of all of the necessary tax forms and legal documents, preparation for an audit interview and post-audit appeals to the IRS Office of Appeals.
IRS audit can also be a highly stressful experience and may result in the imposition of additional taxes and penalties. We aim to make this process as painless as possible for our clients and defend them against imposition of outrageous penalties.
Our goal is to offer a rigorous ethical legal defense of our clients’ interests before the IRS and protect our clients from any over-reach of an IRS audit.
Can Sherayzen Law Office Help Me If I Reside Overseas?
Yes, Sherayzen Law Office is highly experienced with helping US taxpayers who reside outside of the United States to resolve their US tax issues.
What Are the Main Types of an IRS Audit With Which Sherayzen Law Office Can Help Me?
While the basic procedural format of an IRS audit remains the same, we can distinguish various types of an IRS audit based on the subject matter that is being examined by the IRS.
Individual Tax Return Audits: Form 1040
This IRS audit includes an examination of Form 1040 and all accompanying forms and schedules. This type of an IRS audit concerns primarily individuals.
Schedule C of Form 1040 Audit
This is a variation on the individual tax return audits. In this case, the IRS focuses on the business activities of an individual taxpayer who operates as a sole proprietor or through a disregarded entity (i.e. a single member LLC).
An FBAR audit is the examination of a taxpayer’s Report of Foreign Bank and Financial Accounts, FinCEN Form 114 (previously known as TD F 90-22.1). This type of an audit may affect both, individual and business taxpayers (even disregarded LLCs).
Other International Information Return Audits
This type of an IRS audit involves such US international tax forms as Forms 3520, 5471, 8865, 8858, 926, et cetera. Sherayzen Law Office has a unique experience in dealing with these forms. Again, this type of an audit may affect both, individual and business taxpayers (even disregarded LLCs).
Streamlined Domestic Offshore Procedures Audits
This is an audit of an offshore voluntary disclosure done through a special IRS program called Streamlined Domestic Offshore Procedures.
Streamlined Foreign Offshore Procedures Audits
This is an audit of an offshore voluntary disclosure done through a special IRS program called Streamlined Foreign Offshore Procedures
Business Tax Return Audits: Forms 1120, 1120-S, 1120-F and 1065
This type of an IRS audit concerns business taxpayers who are required to file business tax returns such as Forms 1120, 1120-S, 1120-F and 1065.