ORP, OR LLC RTIFICATION 101
WIN OF THE MONTH Nobody Is Immune to an IRS Audit CASE SNAPSHOT Client: CPA in Texas Type of IRS Issue: IRS Error Tax Years in Question: 2017, 2020, 2021 IRS Claimed Liability: Full Disallowance of Refunds and Credits Savings: $35,587.29 It’s important to keep in mind that anyone can potentially be audited by the IRS. Our client, a certified public accountant (CPA) in Texas, found herself in a sticky situation. She was being audited by the IRS — a situation that is both nerve-wracking and stressful. She had a tax credit that was disallowed from an amended return, and the IRS opened an audit for three years and requested substantiation for all expenses, credits, income, capital gains, and losses over that time period. Understandably, this was a massive undertaking, and our client simply didn’t have the time to pull together all of the information, especially while navigating the ins and outs of her career. Distraught, she found herself on our doorstep and hired us to prepare the audit response and argue the legitimacy of her expenses and credit. Because she is a CPA with excellent organizational skills and a solid foundation in finances, our client kept meticulous records, and we were able to tie back the expenses and offer proof that the credit should be allowed. At the beginning of this audit, she owed a proposed liability of $24,087.08. After our jobs were done, the credit was not only restored, but our client also received a refund from the IRS in the amount of $35,587.29! Take this as proof that no one, no matter their job, net worth, or title, is immune to being audited, but with proper record-keeping, the pendulum can swing your way if you ever find yourself in a bind with the IRS, especially with IRS Trouble Solvers on your side!
the IRS will reverse a passport certification include:
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You accepted an Offer in Compromise. You entered bankruptcy. You are identified by the IRS as a victim of tax-related identity theft. The U.S. Department of Justice enters into a settlement agreement to satisfy the debt. The collection is suspended because you requested an innocent spouse relief.
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It should be noted that if a certification was placed on your passport in error, it will be lifted right away once the proper proof is received and documented.
If you have received a written notice from the IRS (remember that the IRS will not call you) that your passport is being certified, please call us today — we are ready to help!
INGREDIENTS
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1 1/2 cups all-purpose flour 1/4 cup cornstarch 1 tsp baking powder 1 cup and 1 tbsp rolled oats, divided 2 sticks chilled unsalted butter, diced
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2 eggs, beaten
1 tsp vanilla extract 1/4 cup raspberry jam 1 1/3 cups raspberries 3 figs, quartered 1 tbsp turbinado or brown sugar
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2/3 cup caster sugar (superfine granulated)
DIRECTIONS
1. Preheat oven to 350 F. Grease and line an 8x12-inch pan with parchment paper. 2. In a medium bowl, combine flour, cornstarch, baking powder, and 1 cup oats. Using your fingertips, rub in butter until crumbly. Stir in caster sugar, then add egg and vanilla. Stir until clumpy. 3. In the pan, smooth three-quarters of the mixture evenly. Spread jam over the top, then add fruit. Mix leftover oat mixture with turbinado sugar and remaining oats, then sprinkle over the fruit. 4. Bake for 40–45 minutes until golden. Cool in pan for 10 minutes, then slice and serve.
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