IRS tax audits require an experience tax lawyer right from the start. The biggest mistake most businesses make is thinking they can handle the audit themselves without representation. The IRS is encouraging its Revenue Agents to tell taxpayers "you don't need a lawyer" to sucker them into devastatting admissions.

The Large Business and International section of the IRS (formerly the LMSB -Large Mid-Sized Business Section) is attacking businesses with assets of $10 million or more.Usually, the IRS comes in with a team of auditors. Your business should have its own team, lead by the Tax Attorney, working with your CPA and in house Controller or Financial Manager. As soon as your receive  the IRS audit notice, also called an "Information Document Request," immediately call your Tax Lawyer.

Just because your business is classified as a "Small Business" does not mean the IRS Audit cannot be a brutal attack on the very survival of your business and financial existence. One of the first thing the auditor, called the "Revenue Agent," will do is to try to convince you to talk and conduct the audit without a Tax Lawyer. That is a huge mistake! How the audit is conducted determines the outcome. Don't expect the tax attorney to somehow magically correct the mistakes on Appeals or in Tax Court.

The IRS has created a specialized audit group known as Global High Wealth Industry Group,  This audit group attacks wealthy taxpayers with complicated financial arrangements. These rigorous probes emphasize hedge-fund managers and other investors it suspects may be trying to evade taxes. Included in this group are individual with asset protection trusts, royalty and licensing agreements, revenue-based or equity-sharing arrangements, private foundations, privately held companies and partnerships. The IRS auditors are specially trained and highly experienced. They conduct the audits in the same fashion as a Large Business audit.

We serve tax clients throughout the US. Most of our clients are in New Jersey, Pennsylvania and Delaware in dealing with IRS audits, collections and planning. We have more than 30 years experience helping businesses fight the IRS. Small Business Division Audits, Large Business Audits and complex individual audits as well as handling IRS levies, executions, and collections are the emphasis of our law practice.