With increased examination efforts by federal and state authorities, tax controversy services are in high demand. The IRS is specifically focusing on examination of businesses, high-net-worth individuals, large partnerships and international transactions. IRS controversy matters are usually complex, urgent and unpleasant for taxpayers. RSM’s tax controversy group is able to address the most pressing tax controversy situations by providing solutions managed by highly experienced and knowledgeable tax professionals. RSM tax controversy professionals are former IRS attorneys, revenue agents, or international examiners. The breadth of experience and specialized knowledge that our tax professionals can provide in resolving tax controversies allows RSM to provide the best and timely solutions that are possible under various circumstances.
RSM’s tax controversy group is a part of its Washington National Tax practice staffed with subject matter experts in various areas of tax law (state and local tax, international tax, corporate, credits and incentives, excise tax, income tax and accounting, partnership tax and compensation & benefits). The tax controversy professionals work collaboratively when the IRS is examining certain issues. Putting the best resources to address clients’ tax controversy problems allows us to provide the highest quality of service to our clients.
We understand the importance of being heard and we make sure that we listen and fully understand our clients’ concerns. We work together to get the best resolution possible.
Some of the federal tax controversy services we provide include:
Audit readiness, evaluation of the soft areas on the tax return and ways to address those areas to avoid penalties
Support during IRS, state and local examinations
Representation before the IRS Independent Office of Appeals
Penalty prevention and abatement
Interest computation and claims for abatement
Assistance with Refund Claims and Appeal of the Denial of the Refund Claims
Collection Due Process hearings and preparation
Entity issues such as entity classification election and late entity classification elections or EIN retention after merger
Confirmation of S status and other types of IRS elections and filing requirements
Delinquent International Information Return Submission Procedures
Alternative dispute resolution issues such Fast Track Settlements/Mediations, Appeals Settlements and Post Appeals Mediations
IRS voluntary disclosure processes
RSM can help minimize tax risk in your return by utilizing pre-filing resolution programs tailored to your situation. By resolving issues prior to a traditional IRS examination, you often achieve better results in less time.
Don’t face the IRS alone. Our tax controversy professionals represent clients in federal tax disputes before the IRS, including fast track settlements, IRS appeals, mediation and arbitration.
Compliance issues and failures can leave you open to lengthy IRS audits, penalties and worse. We can approach the IRS and propose a resolution that may increase the likelihood of reaching an expedited, favorable conclusion.
Our tax controversy professionals use their experience to advise on strategic penalty prevention. They can offer sound strategies to obtain penalty abatements for late filing or late payments and assist in preventing such penalties in the future.
Interest assessments can occur long after the IRS assesses the tax. We can review account activity across years, returns and types of tax to identify and resolve IRS errors, including over-assessments and under-refunds.
Your IRS account may contain uncorrected errors, which could cause difficulties down the road. Our team can conduct a detailed review of your company’s IRS accounts, interpret account transcripts and isolate account problems.
Mergers and acquisitions can bring entity classification issues, where TINs, fiscal year-ends or common parent identities do not match the IRS’ records. Our M&A professionals can help you in resolving these matters quickly and efficiently.
Pre-controversy planning at the federal and state level should begin well before the audit arrives. Our tax controversy team can help your business identify potential trouble spots and address them.