Request a call back from IRSMedic: Parent & Parent LLP or call us 888-477-4258 CONTACT US Close
Open

Call Us 888.477.4258

Twitter FacebookFollow us
IRS Medic | IRS Tax Attorney | IRS Tax Lawyers

Haven’t filed taxes?

Haven’t filed taxes?

Haven’t Filed Taxes? Why you may want to do something about that now Often, when you think of the hazards of not filing your taxes, you may have visions of the Ominous IRS pounding down your door, hounding you for past debts, seizing your bank accounts and making levies on every poor scrap of property you own. You may imagine yourself poor, haggard, and starving all while the angry IRS wolf at the door snarls and snaps its slavering jaws […]

Read more

When Do You Need To Get the Help of a Tax Attorney for an IRS Audit?

When Do You Need To Get the Help of a Tax Attorney for an IRS Audit?

When Do You Need To Get the Help of a Tax Attorney for an IRS Audit? Not all tax audits are created equally. When you get that letter from the IRS advising you that you have been selected for an examination of your return, it might be a simple thing, and it might not. If it turns out to not be so simple, how do you know when to contact a tax attorney for help? Why would your return be […]

Read more

Tax Audit Defense

Tax Audit Defense

How Does A Tax Attorney Help with an IRS Tax Audit Defense?   If the thought of an IRS field audit throws a bolt of fear through your heart or causes bubbles of anger to seethe in your throat, it might be best to engage the services of an expert tax attorney if the IRS comes knocking at your door. Although fear and anger may be natural reactions to the letter or phone call you receive, the best defense, the […]

Read more

IRS Medical Deductions Allowed

The IRS Medical Deductions Allowed – Is it always a good time to check? By: David G. Parent, Esq. Once upon a time — and this is unknown to most people born before 1950, Taxpayers took great careful track of their health care expenses. But then, the tax reforms in the 1980’s resulted in an exclusion of most medical expense deductions allowed (amounting to 7 and ½ percent of adjusted gross income). The result was that for many taxpayers, there […]

Read more

Home office expense audit

Home Office expense audit of Deductions- A Source of Concern BY:  David G. Parent, MBA, Esq. In reviewing income tax returns we always pay special attention to the Business use of your home section (Line 30) of the Schedule C. The reason we do so is that a lot of our IRS audit representation has stemmed from this troublesome area, the home office expense audit.  The IRS knows that small businesspeople hate to pay income taxes. The IRS also knows […]

Read more

CP2000 Stocks sales

Were you issued an IRS CP 2000 for stock sales or or mutual funds? The IRS has new enhanced stock sales reporting. But this does not help taxpayers who purchased stock prior to 2011 — as the  the IRS only mandates that brokerage houses report cost basis on the sale of stock and mutual funds purchased after 2011. While this change helps millions of taxpayers who sold stock that they purchased after 2011 avoid the dreaded CP2000 letter, this does […]

Read more

Unfiled tax returns help

New video on help for unfiled tax returns: 4 things you must know!

Read more

IRS Audits and Penalties

What are IRS audit penalties? By: David G. Parent, Esq. In my audit work our immediate concern is assembling the documentation needed to place our client in the best possible light for either an audit defense or an audit appeal. A secondary, but also important concern is working with the client in developing a narrative as to why the penalties should be abated or not imposed at all. Our goal is to reduce a taxpayer’s total tax liability. Reducing a […]

Read more

BOMBSHELL: Both Obama and Biden facing IRS Audit in 2013

 Audit fight brewing for President, Vice President  News & Commentary by Anthony E. Parent, Esq. For those disappointed with the result of the 2012 Presidential election, take heart. My inside information at the IRS confirms a bit of schadenfreud for you. I am told that both Barack Obama and Joe Biden will be facing an income tax audit for their 2012 individual 1040 tax returns. If you are wondering just what triggered this audit, and a proposal for who else […]

Read more

IRS audit appeal

How to prepare for an IRS Audit Appeal By David G. Parent, Esq. In a previous blog we answered the question What is an IRS audit appeal. I said: It is your right to appeal the work of the auditor after he has examined your financial information and has issued his report. In his report he details the additional amounts owed as well as the penalties and interest. The report also asks that you sign indicating your approval. So what […]

Read more
Page 1 of 41234