• 6550 Rock Spring Dr. # 530, Bethesda, MD 20817
  • 301-962-1700
  • mendoza@mendozaco.com

    Tax Audits

    Tax Audits

    IRS Tax Audits Representation

    The average face to face IRS tax audit results in an additional assessment of about $9,500 due. In most case, individuals do not owe the taxes, but not being prepared or understating the audit procedures may end up paying more than they should. The IRS is guaranteed to intimidate you during the audit process.

    IRS tax audits are nothing to balk at, and no one should represent themselves in these matters. Always get professional advice and leave the tax audit to a representative.

    Why am I being selected for an audit?

    An IRS audit is a review/examination of an individual’s accounts and financial information to ensure information is reported correctly according to the tax laws and to verify the reported amount of tax is correct. 

    Selection for an audit does not always suggest there’s a problem. The IRS uses two different methods:

     
    • Random selection and computer screening – sometimes returns are selected based solely on a statistical formula. The IRS compares your tax return against “norms” for similar returns. The IRS develop these “norms” from audits of a statistically valid random sample of returns, as part of the National Research Program the IRS conducts. The IRS uses this program to update return selection information.
    • Related examinations – The IRS may select your returns when they involve issues or transactions with other taxpayers, such as business partners or investors, whose returns were selected for audit.

    Next, an experienced auditor reviews the return. They may accept it, or if the auditor notes something questionable, the IRS will identify the items noted and forward the return for assignment to an examining group.

    The IRS will notify you by mail. This is where the anxiety starts for most Americans. The chief reason for the worry is the fact that the IRS has gone to great lengths to persuade the public that financial horror will befall them if they run afoul of the IRS. This is why most Americans would rather undergo a root canal than go through a tax audit. Get a tax professional on your team.

    Get Professional Help

    As soon as you receive notification of an IRS tax audit, contact the tax advisor who prepared your return. If he or she cannot explain the audit process and help you, call us immediately!

    How Audit Representation Works

     
    • We stop the IRS from contacting you directly. All audit communication goes through Mendoza, Silva & Company and we respond on your behalf,
    • Our Tax Professional will meet with the IRS or tax authority in person,
    • We request that all meeting be held in our office,
    • We help you organize the tax documents and verify all financial information reported on the tax return.
    • Research tax issues that are likely to be asked by the auditor,
    • Negotiate with the auditor or supervisor to minimize additional taxes and penalties caused by the audit findings,
    • Negotiate and settle taxes owed if you end up with a liability during the tax audit and are unable to pay, and
    • Negotiate an installment agreement or offer in compromise and explain the payment alternatives.

    Mendoza, Silva & Company can assist you in understanding the audit process and help significantly increase your chances of getting a better outcome. We know how frightful an audit by the IRS can be, so we go out of our way to put your fears at ease. When you hire our team of experienced, knowledgeable specialists, you’ll finally be able to let go of all the anxiety you’ve been feeling about your IRS tax audit. Call us today for an appointment. 

    About Us

    Mendoza, Silva & Company, Inc. is a full-service accounting and IRS problem-solving firm. As a client, you gain a sound team with expertise in multiple fields, providing you the right advice to strengthens your organization and long-term goals.

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