When Contractors Lack Licenses: Key Lessons for Condos, Co-ops, and HOAs
A recent NYC Civil Court decision (Fortes v. Decorating and...
When you have been notified by the IRS or state taxing authority that your tax returns are being audited, a thousand concerns might go through your head. You may be worried about a deduction you stretched. You may be nervous about income you may have forgotten to report. No matter why your tax return has been flagged for an audit, you will be well-served by having an experienced attorney represent you throughout the process.
Your first inclination is to contact your accountant or tax preparer to assist you. The problem with not retaining an experience attorney is that there is an attorney-client privilege allowing you to speak freely and confidentially so we can work towards a resolution of the situation rather than an escalation of it. We work together collaboratively with your accountant or tax preparer as our expert (so that communications stay confidential and privileged) and make sure that you, your family and/or business are all protected. Your first steps in the audit process are crucial and it is important that you get the best confidential legal advice possible upon receipt of the first audit notice from the IRS or state taxing authority.
