IRS Income Tax Audits: A Mini-Course in Avoiding, Preparing For, and Getting Through an IRS Income Tax Audit (T. Rex Tax Series, A TforTaxes.com Publication Book 1)

IRS Income Tax Audits: A Mini-Course in Avoiding, Preparing For, and Getting Through an IRS Income Tax Audit is a booklet of approximately 15,000 words or about 40 pages.

In 1913, the first IRS Form 1040 was only 3 pages long, and the instructions were only one page. Since those early days, the federal tax laws have become increasingly complex. Today, the Internal Revenue Code is thousands of pages long, as are the accompanying Treasury Regulations.

The Internal Revenue Service has issued over 2,000 forms and publications, and the Internal Revenue Manual that governs the internal operations of the IRS is hundreds of pages long. That doesn’t count the numerous revenue rulings, revenue procedures, technical advice memoranda, field service advice memoranda, and private letter rulings issued by the IRS over the years nor the cornucopia of opinions on tax cases that have been handed down by federal courts over the past nearly 100 years.

That’s a lot of tax law to understand.

How in the world is a taxpayer supposed to cope with all that in the face of an IRS audit?

That’s what IRS Income Tax Audits is intended to do--help explain the process of an IRS audit so that the average taxpayer can feel less intimidated by the tax system and the IRS when that dreaded audit notice comes in the mail or he receives a phone call from the IRS saying that an audit is being undertaken.

As its subtitle says, IRS Income Tax Audits is a mini-course in avoiding, preparing for, and getting through an IRS income tax audit. In short, it is intended to provide helpful information for U.S. taxpayers interested in learning more about the IRS audit process.

IRS Income Tax Audits includes the following chapters:

● The Basics: What is an IRS Audit?
● How Likely Is It That You’ll be Audited?
● How Much Does an Audit Usually Cost You?
● What are the IRS’s Priorities in Selecting Returns for Audit?
● What Are Your Rights as a Taxpayer During an Audit?
● What Does the IRS Want You to Know about Audits?
● The Best Advice for Success in and IRS Audit--Good Recordkeeping
● Anatomy of an Audit
● What Happens at the End of an Audit?
● Fast Track Mediation
● Audit Reconsideration
● Resources
● Author Information

Daniel P. Smith is the author of IRS Income Tax Audits: A Mini-Course in Avoiding, Preparing for, and Getting Through an IRS Income Tax Audit. He practices law at DPS Legal Counsel in Brentwood, Tennessee (www.dpslegalcounsel.com), and regularly posts on recent developments in tax law at his tax blog, www.TforTaxes.com.

Mr. Smith has practiced law since 1979. He is a summa cum laude graduate of Vanderbilt University, where he was a member of The Phi Beta Kappa Society. He obtained his law degree from Vanderbilt University's School of Law, where he was an associate editor of the Vanderbilt Law Review. He also has an LL.M. (Master of Laws) in Taxation from New York University.

Mr. Smith is admitted to practice law in Tennessee. He is also admitted to practice before the United States District Court, Western District of Tennessee, and before the United States Tax Court.

He is a member of the American Bar Association, Tennessee Bar Association, Nashville Bar Association, and National Association of Bond Lawyers. He is also a Fellow in the Nashville Bar Foundation.

Mr. Smith has received an AV®Preeminent™ peer review rating from Martindale-Hubbell®.

Mr. Smith has been tax counsel on numerous tax-exempt bond issuances, including qualified 501(c)(3) bonds, exempt facility bonds for qualified residential rental projects, general obligation bonds, revenue bonds, community development district bonds, current and advance refunding bonds, pool bonds, and Build America Bonds.

He has also represented clients in large-dollar IRS audits.

Mr. Smith is the co-author of the true crime book, "Victims of Dead Man Walking," published by Pelican Publishing Company.