Audit Reconsideration
Sep 12, 2012OUTCOME: Entire deduction allowed and tax bill reduced to zero
Theft loss deduction disallowed resulting in a $26,000 tax bill.
Santa Ana, CA
Tax Lawyer at Santa Ana, CA
Practice Areas: Tax, Tax Fraud & Tax Evasion ... +2 more
OUTCOME: Entire deduction allowed and tax bill reduced to zero
Theft loss deduction disallowed resulting in a $26,000 tax bill.
OUTCOME: In 2012, the total offers that have been accepted add to a combined total of $16,000 for total liabilities of $253,956.63
Submitted offers in compromises for various taxpayers with income tax and/or payroll tax liabilities.
OUTCOME: Provided substantiation of expenses and legal right to take deductions. Reduced bill from $1.8M to $109K.
Multi-million dollar multiple entity and multiple year IRS income tax audit prior to trial before the U.S. Tax Court
OUTCOME: No penalties for failure to file Form 8300
Assisted in a Form 8300 audit for cash transactions in excess of $10,000 for a used car part business