The IRS will have the authority to re-examine the filed tax return and related tax information from the Taxpayer’s books or tax records considered on filed tax return. If IRS find irrelevant/erroneous/false information on the filed tax return then IRS issue an audit to urge taxpayer has to prove the Audit related stuff. The Audit issuing will be happening within three years after the filing has done.
Taxpayer representation is the process of assisting our customers in dealing with various taxing authorities, negotiating payment plans or settlements, and representing our clients in court. File2Fed is providing ‘Audit Assistance Team’ to represent customers on a variety of their taxation issues and guide them through the dispute process ranging from a collection action to administrative appeals through litigation. To represent before the IRS, we need authorization that should be given by the taxpayer by using Form 4868, Power of Attorney.
Important Note: File2Fed urges taxpayer to keep the records that are relevant with respect to the filed tax returns for at least 3 years from the date the tax return has filed in order to save from an unexpected Penalties and Interests