Audit Reconsideration – Tax Assessment Reduced by Over $150,000
The Taxpayer was audited and the IRS determined that the Taxpayer did not report taxable income from the sale of their home. The Taxpayer did not respond to the audit and did not file a Petition in U.S. Tax Court after the IRS issued a Notice of Deficiency. DeWitt Law represented the Taxpayer before the IRS and filed an Audit Reconsideration claim challenging the tax assessment. The IRS reversed the…
Audit Reconsideration – Tax Assessment Reduced by Over $92,000
The Taxpayer was audited but never received letters or correspondence from the IRS regarding the audit or the resulting Notice of Deficiency. DeWitt Law represented the Taxpayer before the IRS and filed an Audit Reconsideration claim challenging the tax assessment. The IRS reversed the assessment, which lowered the tax assessment by over $92,000.
Audit Reconsideration – Tax Assessment Reduced by Over $144,000
The Taxpayer was audited and the IRS disallowed substantial gambling loss deductions. The IRS issued a Notice of Deficiency but the Taxpayer did not file a Petition in U.S. Tax Court. DeWitt Law represented the Taxpayer before the IRS and filed an Audit Reconsideration claim challenging the tax assessment. The IRS reversed the assessment, which lowered the tax assessment by over $144,000.
Audit Reconsideration – Reversed Assessment
Client failed to respond to an IRS audit for tax year 2011 and $93,567 in additional tax ($168,516 with penalties and interest) was assessed. Because Client did not respond to the audit, file a timely appeal with the IRS, or file a Petition in U.S. Tax Court, the IRS took collection action against Client, including levy and garnishment. Client then hired DeWitt Law for representation. An audit reconsideration claim was…