Internal Revenue Service
Past Due Tax Return, Audit or Examination, Tax Penalties, Tax Lien, Unpaid Taxes
Payment Plans, Individual Tax Preparation, Penalty Abatement, Amend Tax Returns
I received an audit notice for my most recently filed 1040. They were questioning Schedule C expenses. My wife had been sick during the record gathering time for that return's preparation. So some of the expenses were estimated and without receipts.
I called Mark to ask him to go to the audit with me, and he said he would go in my place. I asked if that was really allowed, and he assured me it is. He immediately filed a tax power of attorney and call the tax compliance officer to schedule their meeting. He had to make a couple of trips to the IRS office to cover all of the items they were questioning. But his knowledge of tax regulations and IRS procedures, along with solid defense preparation, achieved a reasonable agreement on the accepted expenses.
There was a large penalty for tax understatement that resulted from the expenses that were disallowed. Mark offered my wife's illness as reasonable cause for abating most of the penalty. The TCO was not inclined to grant the abatement, but Mark talked to the man's supervisor who agreed to abate, and we settled. I had to pay a little bit, but it was much less than their first proposal.
We set up an installment agreement to make it easier for me to pay off my balance. Throughout the whole ordeal, I felt mostly at ease because I had a tax professional representing me who kept me in the loop. I always knew the status of the items in question. I was thoroughly satisfied with my representation and final results.