HOW TO AVOID IRS AUDITS
Book Details
Author(s)Victor S. Sy CPA MBA
PublisherAsian Journal Publication, Inc. USA
ISBN / ASINB01DFMOAKA
ISBN-13978B01DFMOAK9
MarketplaceFrance 🇫🇷
Description
IRS audits strike a chord among taxpayers like you and me. It just happens that I spent more time dealing with IRS than most of you. I spent 50 years working as a CPA (Certified Public Accountant) and tax consultant defending taxpayers audited by the IRS. Accounting is not the most exciting job, but dealing with the IRS is. Fighting the IRS became the love of my life, next only to my family and my cat. I developed a passion for working against - and with - IRS auditors and appeals officers. I feel at home at the IRS and for good reasons – I win.
I hold a high rate of success – winning substantially all of my correspondence, office, and field audits. And for the very few that I lost, I took most to Appeals where I won them all. Yes, I know, it’s rather weird for an audit rep to win so many and lose so few. I consider myself lucky but strategic planning, meticulous preparation, engagement management, efficient systems, and competent staff go hand in hand with luck. Yes, knowledge of the tax code is vital but psychology, humor, humility, and willingness to settle are all ingredients to victory.
My close friend, Roger Oriel, publisher of Asian Journal and Balikbayan travel magazine, saw how I operate and encouraged me to write a book about IRS audits. This book is a compilation of tax tips that I penned over four decades for Asian Journal, California Examiner, and other newspapers and trade magazines.
Victory in the trenches is probably a more appropriate title for this book because that’s where I’ve been—in the trenches. I fought wars with IRS auditors over several decades. My writings are based on actual battles with the Service. My tales are born of experience, my tips from actual dealings with the IRS.
Dealing with the IRS requires you to understand the Agency’s culture:
• Shoot first, ask later; You are guilty until proven innocent.
• You must prove that the IRS is wrong; the IRS does not have to prove itself right.
• All income are taxable unless you prove that they’re not.
• All deductions are not allowed unless you can prove that they are.
All these, you have to overcome. It’s an uphill battle. To win a battle against the IRS, you must unlock its
secrets. To unlock its secrets, you must have been in the trenches to see what tactics work and what don’t. I have been there. Done that. And for these reasons, I wrote this book to help you avoid audits or survive one if you get chosen.
I hold a high rate of success – winning substantially all of my correspondence, office, and field audits. And for the very few that I lost, I took most to Appeals where I won them all. Yes, I know, it’s rather weird for an audit rep to win so many and lose so few. I consider myself lucky but strategic planning, meticulous preparation, engagement management, efficient systems, and competent staff go hand in hand with luck. Yes, knowledge of the tax code is vital but psychology, humor, humility, and willingness to settle are all ingredients to victory.
My close friend, Roger Oriel, publisher of Asian Journal and Balikbayan travel magazine, saw how I operate and encouraged me to write a book about IRS audits. This book is a compilation of tax tips that I penned over four decades for Asian Journal, California Examiner, and other newspapers and trade magazines.
Victory in the trenches is probably a more appropriate title for this book because that’s where I’ve been—in the trenches. I fought wars with IRS auditors over several decades. My writings are based on actual battles with the Service. My tales are born of experience, my tips from actual dealings with the IRS.
Dealing with the IRS requires you to understand the Agency’s culture:
• Shoot first, ask later; You are guilty until proven innocent.
• You must prove that the IRS is wrong; the IRS does not have to prove itself right.
• All income are taxable unless you prove that they’re not.
• All deductions are not allowed unless you can prove that they are.
All these, you have to overcome. It’s an uphill battle. To win a battle against the IRS, you must unlock its
secrets. To unlock its secrets, you must have been in the trenches to see what tactics work and what don’t. I have been there. Done that. And for these reasons, I wrote this book to help you avoid audits or survive one if you get chosen.
