In reality, the IRS audits very few of the millions of tax returns they receive annually. The average number of returns audited annually totals around 2%. The IRS doesn’t routinely audit a tax return unless there is some sort of key indicator such as a high level of deductions compared to income earned, a deduction that requires documentation, or a specific item that is on the list of “red flags.” (more…)

“He who is his own lawyer has a fool for a client.”  – Ancient proverb

Going against the IRS without a tax lawyer is like riding buck naked in a motocross race. You probably won’t win, and if you crash, the results could be fatal.

Those who decide to fight the IRS by themselves may be motivated by misinformation. Tax resolution complaints are on the rise, as are outright tax resolution scams (more…)

Tax Tips: Cpa Or Tax Attorney?

When confronted with solving a tax problem, taxpayers have a number of choices including dealing with the issue themselves, hiring a CPA or retaining a tax attorney versed in the tax problem being addressed. Due to the intricacies and far reaching impact of income tax law, engaging a CPA or tax attorney may be advantageous to the taxpayer.

A CPA (certified public (more…)

Tax Tips: Pasadena Tax Attorney & Cpa – Irs Tax Lien

An IRS tax lien is a legal claim against assets of a taxpayer who owes back taxes. If the taxpayer doesn’t discharge the tax lien by paying the overdue taxes, then assets can be seized and sold with the proceeds going to the tax debt balance.

Both the IRS and the Franchise Tax Board can place liens on a taxpayer’s assets. (more…)