How Much Does it Cost to Hire a Tax Attorney, CPA, or Enrolled Agent for IRS Tax Audit Examanations? ©
Taxpayers call them audits; the Internal Revenue Service prefers the term, examinations. But whatever word you use, there is no mistaking that it describes one of life’s most dreaded experiences-the government probing into your financial affairs to find a way to extract more taxes from you. Congress has granted the IRS wide powers to examine your finances, even allowing them to question other people about your financial affairs to determine if you are being truthful. In recent years, due to budget cuts which has led to fewer IRS personnel, the number of audits dropped 16% in 2017, which is the sixth year in a row for fewer audits according to the IRS . So if you are one of the unfortunate 0.84% of individual taxpayers that have been audited the past year (do not feel bad, the chances are closer to 50% that each one of us will be audited at some point in our lifetimes) you need to start building your defense as over 80% of the people who are audited end up owi...