What Should I Do if the IRS is Auditing My Charitable Deductions?

If the IRS is auditing your charitable deductions, promptly hire an experienced New Jersey tax evasion attorney to assess the risks posed by the inquiry. Improperly claiming charitable deductions can trigger civil or criminal penalties (in addition to liability for back taxes and interest), so it is critical to protect yourself by using every available means.

Improperly claiming charitable deductions can trigger steep penalties under the Internal Revenue Code. This includes criminal penalties (including fines and prison time) in cases involving willful conduct. As a result, if the IRS is auditing your charitable deductions, you need to be very careful. Learn more from New Jersey tax evasion attorney Kevin E. Thorn, Managing Partner of Thorn Law Group:

What Should You Do if the IRS is Auditing Your Federal Tax Returns?

If the IRS is auditing your federal returns with a focus on your charitable deductions, protecting yourself starts with understanding the risks the audit presents. This means you should promptly hire an experienced attorney to review your returns and supporting documentation and determine whether you have paid what you owe.

If you have paid what you owe, resolving the audit should be a matter of using the documentation you have on hand to confirm your compliance. With that said, convincing the IRS not to impose additional liability during an audit can be easier said than done. As a result, you will likely want your attorney to interface with the IRS on your behalf during the audit process.

If you have not paid what you owe, focus on avoiding unnecessary liability. Depending on the circumstances, this may include working to convince the IRS that you did not willfully claim improper charitable deductions. While inadvertently underpaying your federal taxes can trigger civil liability, allegations of willful noncompliance can expose you to criminal prosecution.

How New Jersey Tax Evasion Attorney Kevin E. Thorn Can Help

New Jersey tax evasion attorney Kevin E. Thorn has decades of experience helping clients resolve high-stakes tax controversies with the IRS. If you are facing scrutiny from the IRS related to your charitable deductions, he can:

• Review your federal tax returns and supporting documentation to assess your risk;
• Interface with the IRS on your behalf during your federal tax audit;
• Work to resolve your federal tax audit without unwarranted liability;
• Help you target a settlement or submit an offer in compromise if warranted; and
• Appeal the outcome of your IRS audit if necessary.

Contact Us to Schedule a Confidential Initial Consultation

For more information about how we help taxpayers facing IRS scrutiny related to charitable deductions, contact us today. Call us at 201-842-7696 or tell us how we can reach you online to schedule a confidential initial consultation with New Jersey tax evasion attorney Kevin E. Thorn, Managing Partner of Thorn Law Group.