MISSED THE DEADLINE TO APPEAL AN IRS AUDIT?
Posted by Adam Bulyar on Fri, Aug 13, 2010
You are not alone. Many taxpayers who experience an audit by the Internal Revenue Service are unaware that they can appeal the outcome of an audit.
The IRS is required to reexamine the results of an audit, when the taxpayer(s) request an appeal within 30 days from the issuance of their final notice of determination. Most audits result in credits or deductions being disallowed due to the lack of supporting documentation that should have been provided by the taxpayer. The audit appeal period gives the taxpayer(s) additional time to obtain this vital information to justify the disallowed items.
When an appeal request is not made within the required 30 day period don’t despair. There is another underutilized program that allows a taxpayer(s) to appeal the final results of even an already appealed audit. The Offer in Compromise – Doubt as to Liability Program allows a taxpayer(s) to dispute the outcome of an audit or an audit appeal. The IRS is not required to accept this type of appeal but do so in over ninety percent of the applications that are filed.
The Offer in Compromise – Doubt as to Liability application is a complicated form that should be prepared and presented by a qualified Tax Resolution Firm such as United Tax Group. In many cases we have been able to overturn an IRS decision for disallowances years after the original decision was rendered.
So don’t despair, contact our professionals at United Tax Group and learn more about how we can file an Offer in Compromise – Doubt as to Liability application to recoup the money you lost in your original audit or audit appeal.