Tax & Audits
Get Your Unique Situation Handled With Care and Dedication by Our Experienced Tax Attorneys and Accountants
Navigating the complexities of tax law can be overwhelming, but you don't have to face it alone. Our experienced legal team is here to guide you through every step of the process, providing you with the expertise and support you need to achieve your tax goals.
Achieve Your Goals
IRS Audits and Appeals: Represent you during IRS audits and appeals, protecting your rights and interests.
Tax Planning and Compliance: Develop effective tax strategies to minimize liabilities and ensure compliance with federal, state, and local tax laws.
Tax Litigation: Defend you in tax disputes and litigation in court.
Business Taxation: Advise on corporate tax matters, including entity formation, mergers, and acquisitions.
Estate and Gift Tax: Plan for the future with comprehensive estate and gift tax strategies.
International Taxation: Navigate the complexities of international tax laws for individuals and businesses with cross-border activities.
Tax Debt Resolution: Assist with resolving tax debts through negotiations, installment agreements, and offers in compromise.
Tax-Exempt Organizations: Provide legal support for non-profits and other tax-exempt entities to maintain their status and compliance.
Have a tax issue or want more information?
facing a tax audit
A tax audit is a formal examination of an individual's or organization's tax returns and financial records by a government tax authority, such as the Internal Revenue Service (IRS) in the United States, to verify that the information provided is accurate and complies with tax laws. The audit process involves a detailed review of income, deductions, credits, and other tax-related transactions to ensure that the correct amount of tax has been reported and paid. If discrepancies or errors are found, the taxpayer may be required to pay additional taxes, interest, and possibly penalties. Tax audits can be triggered by various factors, including unusual deductions, high income, or random selection, and can range from a simple mail correspondence to an in-depth, in-person examination.
Filing an offer in compromise
An Offer in Compromise (OIC) is a program offered by the IRS, and also by New York State, that allows eligible taxpayers to settle their tax debt for less than the full amount owed, typically due to financial hardship, inability to pay, doubt as to collectibility, or special circumstances. Filing an OIC can provide significant financial relief by reducing the debt to an amount that is manageable, halting collection actions during the review process, and helping taxpayers achieve financial stability. Our experienced attorneys can guide you through both the federal and New York OIC processes, ensuring your offer is accurately prepared and effectively negotiated with the IRS and New York State tax authorities.
Contesting an IRS Notice of Deficiency in United States Tax Court
A Notice of Deficiency, often referred to as a "90-day letter," is issued by the IRS when it determines that you owe additional taxes. If you disagree with the IRS's assessment, you have the right to contest the deficiency in the United States Tax Court.
When the IRS issues a Notice of Deficiency, it signifies that the IRS believes you owe additional taxes, and you have 90 days (150 days if the notice is addressed outside the United States) to dispute the assessment before the IRS can begin collection efforts. Contesting the notice in the United States Tax Court allows you to present your case without first paying the disputed amount. This legal process ensures that taxpayers have a fair opportunity to challenge the IRS’s findings and present evidence in support of their position.
We have extensive experience in tax law and a proven record of successful outcomes.
Expertise
Proactive approach
We anticipate challenges and address them head-on, ensuring a smoother process for you.
We take the time to understand your specific needs and develop a strategy that works for you.
Personalized Service
We keep you informed and empowered with the knowledge you need to make the best decisions.
clear communication
Take the first step towards achieving your tax goals. Contact us today for a free consultation and let us help you navigate the complexities of tax law with confidence.
(718) 928-9607