Many people survive IRS audits without legal representation. However, you may want to have a tax attorney on speed dial as you go through the audit on your own. A tax attorney can be your go-to resource for questions and no matter what, s/he cannot testify against you, unlike a CPA or tax preparer, who can be made to testify against you.
Tax audits can be very stressful and chances are you do not have a lot of experience in being audited. A tax attorney however, has been through this process numerous times and can help navigate you through it too.
A tax attorney can negotiate on your behalf to based on your situation. Yes, there are stories of people paying pennies on the dollar for old tax debts, however it really depends on the individual situation.
If you owe more money than you have or if you feel the IRS is asking an incorrect amount, a tax attorney may be able to help. A tax attorney can negotiate an offer in compromise, penalty abatement or installment agreement if the situation is appropriate.
Patrick T. Sheehan is not only a tax attorney, but he is a former Special Assistant United States Attorney with the Internal Revenue Services, Office of Chief Counsel. He litigated in Federal Court and recommended the acceptance or rejection of Offers in Compromise for the IRS District Counsel. He has a keen understanding of both sides of the audit process and as your tax attorney representative, you can be sure he is looking out for your best interest and getting you the best possible outcome.
If you think you might need a tax attorney, Patrick T. Sheehan & Associates can help!