Tax,
Corporate
Nov. 11, 2019
In make-or-break tax audits, five reasons you really should hire counsel
It is the worst nightmare for many taxpayers: A letter from the IRS announcing that they are under audit. The moment that letter arrives, the taxpayer must consider: Should I call the IRS agent back? Should I have my CPA call the IRS agent? What many don’t consider, although they should, is speaking with counsel before they do anything.
Dashiell C. Shapiro
Counsel
Shartsis Friese LLP
litigation, tax
Email: dshapiro@sflaw.com
Univ of Chicago Law School
Dashiell is a former U.S. Department of Justice Tax Division honors attorney.
It is the worst nightmare for many taxpayers: A letter from the IRS announcing that they are under audit. The moment that letter arrives, the taxpayer must consider: Should I call the IRS agent back? Should I have my CPA call the IRS agent? What many don't consider, although they should, is speaking with counsel before they do anything.
In low-stakes audits, having a CPA handle the audit may be perfectly fine. But in high-stakes audi...
For only $95 a month (the price of 2 article purchases)
Receive unlimited article access and full access to our archives,
Daily Appellate Report, award winning columns, and our
Verdicts and Settlements.
Or
$795 for an entire year!
Or access this article for $45
(Purchase provides 7-day access to this article. Printing, posting or downloading is not allowed.)
Already a subscriber?
Sign In