The Internal Revenue Service, also known as the IRS, generally audits or recognizes an individual for misconduct for several different reasons including:
- Filing too many deductions in which you are not eligible to receive.
- Claiming dependents you aren’t responsible for caring for.
- Filing using an incorrect status.
- Reporting inaccurate amounts of income.
- Filing more than one tax return with the same social security number.
With their ongoing attempts to identify illegal activity, the IRS has many ways in which they target individuals who may be failing to comply with the laws that are currently active. If you are guilty of one or more of the following and the IRS has sent you a notice acknowledging you of your mistakes, you need to hire a tax lawyer in Tennessee immediately so they can help you create a way to work with the IRS and pay back what you may owe.
In other instances, individuals may be audited by the IRS and accused of tax fraud if they find that there is questionable information filed on your tax return, whether it be a business tax return or your personal income tax return.
Are You a Victim of Tax-Related Identity Theft?
If you were notified by the IRS that there was suspicious activity on your income tax return or that you filed one too many, but you know you filed correct and accurate information, the first thing you want to do is try and gain more information regarding the matter. According to the IRS, tax-related identity theft occurs when someone uses your Social security number illegally to file a tax return claiming a return that is deemed as fraudulent.
If you feel you are the victim of tax-related identify theft, you are going to want to employ a Tennessee tax attorney immediately. Once someone has your information, it is important you take legal action immediately to prevent any further fraudulent activity from occurring.
Our dedicated tax lawyers in Tennessee featured on our site understand how stressful and confusing this time may be for you, and how serious the issue truly is. You don’t want to wait another day if you believe you are the victim of identity theft or if the IRS is making accusations against you.
Steps to Take if You are the Victim of Tax-Identify Theft
- File a complaint with the FTC by visiting identifytheft.gov.
- Contact one of the three major credit bureaus to place a “fraud alert” on your credit record. This can prevent the thief from opening any accounts or collecting any more money that belongs to you.
- Contact your financial institutions. Chances are the thief or thieves may be using your information to do more damage than just filing a fraudulent income-tax return.
- Respond to the IRS regarding a notice that was sent to you as a result of the fraudulent activity.
- Contact USAttorneys.
Whether you are concerned that you identity has been comprised and used to file an income tax return or you failed to meet one or more of the requirements set forth by the IRS, give us a call so you can get your free consultation scheduled with one of our highly recommended tax lawyers located in TN.