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New Jersey IRS Audit and Examination Defense Attorney

Knowledgeable IRS Audit and Examination Defense Lawyer Builds Strong Cases For Clients In Camden County, Burlington County, Gloucester County, and Throughout South Jersey

When a New Jersey taxpayer receives an audit notice from the Internal Revenue Service (IRS), the initial response is often fear or dread. But an IRS audit notice simply means that the IRS would like to take a closer look at a tax return to ensure that all of the information is accurate. While the IRS does audit taxpayers who are under suspicion of fraud, they also audit taxpayers who may have submitted tax returns with errors. If you do receive an IRS audit notice, it is important to understand your rights, how the audit process works, the documentation you will need to gather, and what to expect. It is also imperative to have a skilled New Jersey IRS audit defense attorney by your side who has experience handling tax law matters.

At The Law Offices of Michele Finizio, our dedicated New Jersey IRS examination lawyer has in-depth knowledge of tax law and IRS audits, skillfully working with New Jersey clients to resolve issues with the IRS. 

Experienced Defense Attorney Handles All Types of Tax Audits

The IRS conducts three different types of tax audits to gain more information about a taxpayer’s return. These different audits are as follows: 

  • Correspondence Tax Audit: The most common form of audit, the correspondence tax audit is conducted by mail. The IRS usually requests certain documentation to support specific items that are included on the tax return
  • Field Tax Audit: This type of tax audit is the least common, and is only conducted if the taxpayer or the business being audited had an income of more than $100,000. To perform this audit, the IRS will ask to come to your place of business, your home, or your tax professional’s office to perform the audit 
  • Office Tax Audit: With this type of tax audit, the taxpayer or business is required to meet with an IRS auditor at an IRS office. The IRS sets the date and time of the audit and they will specify the supporting documents that should be brought along to the audit.

The experienced New Jersey IRS audit and examination defense attorney handles all types of tax audits; to schedule a free consultation, contact our office.

Skilled New Jersey Defense Attorney Counsels Clients Who Receive Tax Audit Notices 

Both the Internal Revenue Service (IRS) and state governments may conduct tax audits. In New Jersey, the New Jersey Division of Taxation conducts audits to verify that the taxpayer has, in fact, paid the correct tax, and to provide uniformity in self-assessment. During a tax audit, the taxpayer may be asked to provide the auditor with certain records that are necessary in order to verify the information that is listed on the tax return. While this information may vary depending upon the type of tax return that is being audited, the documents that may be requested include any of the following and more:

  • Documents pertaining to the taxpayer’s income, such as a W-2 or other income wage statement
  • Documents related to the taxpayer’s expenses
  • Financial statements
  • Documents that support the taxpayer’s eligibility for tax credits 
  • Receipts
  • Business records.

If you have received a tax audit notification from the IRS, it is important to take your time and be thoughtful in responding to this inquiry. If additional time is necessary to gather the requested paperwork, then ask for additional time; this is better than providing material that fails to support your claim or is not organized. Be sure to submit accurate, organized documentation and clear responses to questions put forth by the Internal Revenue Service or the New Jersey Division of Taxation.

If you are facing a tax audit, it is important to consult with a tax professional regarding your rights, and what steps you should take in complying with the audit. The skilled New Jersey IRS audit and examination defense attorney at The Law Offices of Michele Finizio is knowledgeable of New Jersey’s taxpayers’ rights and provides counsel to New Jersey clients who are facing a tax audit. Schedule a confidential consultation with our office today.

New Jersey IRS Audit Defense Attorney

Frequently Asked Questions (FAQs) About IRS Audits and Examinations In New Jersey

What happens if I ignore a tax audit from the Internal Revenue Service (IRS)?

If you decide to ignore a tax audit from the Internal Revenue Service (IRS), a few things will likely happen next. These include the IRS making changes to your income tax return, including removing deductions, adding income, and eliminating credits. The IRS may also propose penalties and taxes, and they will issue a statutory notice of deficiency, also referred to as a 90-day letter. This letter will notify you that you have 90 days to file a petition with the U.S. Tax Court. If you still do not take any action, you will have relinquished your right to appeal within the IRS, the IRS will conclude the audit, and the IRS will begin collecting the taxes that you owe. Instead of ignoring a tax audit from the IRS, consult with the accomplished New Jersey IRS audit and examination defense attorney at The Law Offices of Michele Finizio.

Is there a time limit on tax audits in New Jersey?

In New Jersey, the statute of limitations for tax audits is four years from the time the tax return was filed, with the exception of the Gross Income Tax which has another statute of limitation. After the statute runs out, the New Jersey Division of Taxation may not audit you without receiving your written consent. It is important to note that the statute of limitations does not apply for any period during which time the taxpayer failed to file a tax return, filed a false tax return to evade paying taxes, or failed to report federal changes. Variations in tax law are common and it is best to consult with an experienced IRS audit and examination defense attorney concerning any tax audits in New Jersey.

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    I could not have asked for a better attorney. Michele Finizio treated my cases and the cases of those I've recommended, as if we were part of her family.

    -D.A.