Naples IRS Tax Attorney

Naples IRS Tax Lawyer

Information errors or even random chance can lead to an audit of your personal or business taxes, which can be very overwhelming. These audits can be even more intimidating when they are conducted by the Internal Revenue Service (IRS). Though the process can be confusing, you can get experienced legal support from a Naples IRS tax attorney to prepare effectively, protect your rights, and potentially mitigate the negative outcomes of the audit.

TaxSmith, LLC, has decades of tax code experience, so we know the intricacies of the federal IRS audit process. Taxes and audits should be straightforward, but they are unfortunately often frustrating and complicated. We understand these difficulties and can gather documentation, review for discrepancies, and appeal IRS audit decisions.

The nearest Taxpayer Assistance Center to Naples is located in Fort Myers, approximately 30 miles away. It can be found at 4210 Metro Parkway. When you work with our team, we can advise you prior to meeting with IRS employees at this office. We can even represent you.

What Are the Basics of an Audit?

Audits are conducted for three primary reasons:

1. You were randomly selected.
2. There was a discrepancy found in your tax information.
3. A person or business you had transactions with was selected for an audit for one of the prior reasons.

No matter the reason for the audit, it can be a sobering notice to get. You want to be prepared and know what to expect during the process.

In an audit, an IRS agent will review your tax documents and financial information to determine if the information checks out. This review may be conducted through mail or in person. The IRS agency may request documents such as:

• Bills and expenses information
• Receipts of purchases
• Medical bills and information
• Canceled checks
• Employment information
• Income records
• Bank account statements
• Loan statements
• Police reports about stolen property

If there are issues in the paperwork, this doesn’t automatically mean there will be serious consequences. There were nearly 1,247,000 math errors in Fiscal Year (FY) 2024 on individual income tax returns. Instead, the agent may update the information in your tax filing and, potentially, the amount you must pay for taxes. You may simply need to pay more for that tax filing.

What Can Happen After an Audit in Naples?

When an audit has concluded, there are generally three possible outcomes:

1. No discrepancy was found in your tax information, so no changes are made.
2. A discrepancy was found, so the IRS agent makes changes to correct the information. You then accept the change and pay the new tax amount.
3. A discrepancy was found, the IRS agent makes the change, but you do not accept the change.

Most audit outcomes do not result in serious consequences, as they are often the result of simple mistakes. However, if the IRS suspects you of committing tax evasion or tax fraud, you could face criminal penalties. You should never take an audit lightly, and you should always work to safeguard your rights and interests.

When you work with an attorney, they can discuss the outcome of the audit with you and determine your next options. This may include appealing the decision, responding properly to notices for payment, or other actions.

What Other IRS Tax Issues Can a Tax Attorney Help With?

In addition to audits, an attorney can navigate other complex issues with the IRS. If you have significant tax debt that you can’t repay, there may be options to manage or minimize how much you owe. An experienced offer in compromise tax attorney in Naples can consider what you qualify for, such as:

• Installment agreements, which are payment plans
• Penalty abatement, which can eliminate certain penalties and interests from your tax liability
• Currently Not Collectible status, which temporarily pauses collection for financial hardship
• Offers in compromise, which settle your entire tax debt for a lower amount

Taxpayers may qualify for certain options, and an attorney can determine what is the ideal method for addressing tax debt. Then, they can secure that outcome.

FAQs About Naples, FL IRS Tax Law

How Much Does a Tax Attorney Cost in Florida?

The cost of a tax attorney in Florida will vary significantly, depending on:

• Their experience
• Their focus in the field
• How complicated your unique case is
• What services you need

Some tax attorney services may even be charged as a flat fee. Always discuss attorney fees upfront with them before agreeing to hire them.

Can a Tax Attorney Negotiate With the IRS?

Yes, a tax attorney in Naples can negotiate on your behalf with the IRS if they are licensed to do so. Always look at the credentials and experience of a tax attorney prior to working with them. When an attorney is licensed to do so, they can assert your rights and communicate with the IRS. They can negotiate a settlement agreement, payment plan, or other option when you cannot repay your debts. An attorney can also navigate an audit and IRS tax laws.

Is It Worth Getting a Tax Lawyer?

It is likely worth getting an IRS tax lawyer in Naples if you are facing an IRS audit of your taxes, have complex taxes, or have debt you cannot repay. There are options, and an attorney can find those solutions. In FY 2024, only approximately 21% of offers in compromise were accepted. An attorney can improve the likelihood of yours being accepted by checking the requirements and filling out the application correctly.

Is a Lawyer or a CPA Better for Negotiating With the IRS?

Often, a lawyer is the better option when negotiating with the IRS. A CPA (certified public accountant) can file your taxes, plan your finances, and navigate simple audits. Complicated issues, like negotiating an offer in compromise or another debt settlement plan with the IRS, are ideal for a debt settlement lawyer in Naples. A Naples IRS tax lawyer can represent your interests against the IRS and provide legal advice.

Hire an IRS Tax Attorney in Naples to Protect Your Interests

You don’t have to navigate complex IRS tax cases by yourself. Whether you are facing an audit, are unsure of your tax obligations, or have a severe tax liability, TaxSmith, LLC, can help. We can prepare you for whatever IRS tax issue you face. Contact our team today to ease your stress.

Naples, FL IRS Tax Law Additional Resources:

• Types of IRS Tax Penalties in Florida
• How To Negotiate a Tax Debt Settlement With the IRS?
• Federal Tax Lien Statute of Limitations
• How to Remove a Tax Lien in Florida? 
• What Happens If You Miss the IRS Tax-Filing Deadline in Florida?
• IRS Bank Account Levy Definition & Examples