Litigation and Controversy Tax
What is Tax Litigation and Controversy?
Tax Litigation and Controversy refers to the process of resolving disputes between taxpayers and tax authorities, such as the Internal Revenue Service (IRS) in the United States, regarding the assessment, collection, or payment of taxes. This can involve disputes over tax liability, deductions, credits, or other aspects of a taxpayer’s tax return. Tax litigation and controversy may arise from issues such as audits, appeals, and court proceedings, and can be resolved through negotiations, mediation, or litigation. The goal of tax litigation and controversy is to resolve the dispute fairly and efficiently, while ensuring that taxpayers are held accountable for their tax obligations and that the government receives the revenue it is owed.
Types of Tax Litigation and Controversy
There are several types of tax disputes that can arise, including:
Federal Tax Litigation
- Disputes with the Internal Revenue Service (IRS)
- Audit, appeal, refund, and criminal investigations
State Tax Litigation
- Disputes with state revenue agencies
- Audit, appeal, refund, and criminal investigations
International Tax Litigation
- Disputes with foreign governments or tax authorities
- Audit, appeal, refund, and criminal investigations
Types of Tax Disputes
Audit:
The IRS or state revenue agency sends you a notice saying they’re auditing your return to ensure accuracy.
Appeal:
You disagree with the audit findings or penalty assessment.
Refund:
You think you overpaid taxes and want a refund.
Criminal Investigations:
You’re suspected of committing tax fraud or other criminal offenses.
Benefits of Tax Litigation and Controversy
So, why bother with tax litigation and controversy? Here are some compelling reasons:
Protecting Your Rights:
As a taxpayer, you have the right to challenge an unfair or inaccurate assessment.
Ensuring Accurate Tax Assessments:
Tax litigation can help ensure that your taxes are accurately calculated and assessed.
Minimizing Penalties and Interest:
By disputing an audit or penalty assessment, you may be able to reduce or eliminate unnecessary penalties and interest.
Potentially Recovering Overpaid Taxes:
If you’ve overpaid taxes, tax litigation can help you recover those funds.
Establishing Precedents:
Successful cases can establish precedents for future tax disputes.
Conclusion
In conclusion, tax litigation and controversy are a normal part of the tax landscape. By understanding the types, benefits, and drawbacks, you can better navigate these disputes and protect your rights as a taxpayer. Remember that seeking professional help is crucial to navigating these complex disputes. By staying informed and prepared, you can minimize the risks associated with tax litigation and controversy.
Bukh Law P.A. Tax Litigation and Controversy Legal services:
Tax Audit Representation:
Representing clients in audits by the IRS and state tax authorities, including negotiating settlements, resolving disputes, and advocating for the client’s rights.
Tax Controversy Services:
Providing legal guidance and representation in tax controversy matters, including appeals, protests, and court litigation, to resolve disputes with the IRS and state tax authorities.
Tax Collection Defense:
Defending clients against IRS collections actions, including wage garnishments, liens, and levies, and working to resolve debts through settlements or other means.
Tax Liability Assessment Representation:
Representing clients in matters related to tax liability assessments, including protests and appeals of proposed assessments, and negotiating with the IRS to reduce or eliminate liabilities.
IRS Examination Defense:
Defending clients in examinations by the IRS, including audits of income, employment taxes, and excise taxes, to protect their rights and interests.
Tax Court Litigation:
Representing clients in tax court litigation, including federal and state court proceedings, to resolve disputes related to tax liabilities, deductions, credits, and other tax-related issues.
Offer in Compromise (OIC) Representation:
Helping clients negotiate Offers in Compromise with the IRS to settle tax debts for less than the full amount owed, while also ensuring compliance with tax laws and regulations.