Hiring the best IRS Audit Defense Attorney in Tennessee is an important decision for any person who finds themselves under investigation by the Internal Revenue Service. If you are facing an audit, it is critical to hire an experienced Memphis tax attorney immediately. Our team has extensive experience representing individuals and businesses in tax disputes, including IRS audits and collection actions.
An audit is an examination of a taxpayer’s income tax returns, financial records, and other data. The goal is to verify the accuracy of taxpayer reporting, to examine suspicious or inconsistencies in the records, and to collect taxes owed. The IRS may select people for audit based on statistical analysis, through referrals from tax preparers, or by other means.
If you are selected for an audit, you should immediately contact a Nashville tax lawyer at Defense Tax Partners. The sooner you reach out, the more likely it is that our office can help you avoid penalties. We can also protect you from the dreaded IRS wage garnishment, wherein the agency takes money directly out of your paycheck.
The Internal Revenue Service can impose serious penalties for failing to file tax returns and for any other violations of federal tax laws. In some cases, the agency can levy assets or bank accounts in order to collect unpaid taxes. The underlying legal issue, however, is whether the IRS has sufficient evidence to support the claims that are being made.
A seasoned Memphis tax audit attorney can help you avoid these problems by working closely with the IRS to settle any outstanding liabilities. We can also help you fight a lien or levy to prevent the seizure of your property.
If the IRS determines that you committed intentional tax fraud or evasion, they can open a criminal investigation and prosecute you under federal laws. This is a white-collar crime that involves deceiving the government for financial gain and can carry hefty fines and jail time. A Memphis tax fraud attorney at our firm can help you protect your rights and reputation by fighting back against any charges brought against you.
CPAs and enrolled agents can provide valuable advice on how to handle your tax affairs, but they are not lawyers and cannot protect you from the potential legal consequences of statements you make. The same holds true for any information you share with an IRS agent or another professional who is not an attorney. Only a qualified IRS audit lawyer can advise you on the legal implications of any conversations or information you provide to CPAs, enrolled agents, and IRS investigators due to the state and federal laws that define attorney-client privilege.
At Anderson Bradshaw, we represent individuals and businesses in state and federal tax matters. Our attorneys have in-depth knowledge of both Tennessee and federal tax laws, which is necessary to effectively defend you against audits and other investigations. We can also help you resolve tax liens and levies, preventing the IRS from seizing your assets or taking money out of your bank account.