Tax Audit in Torrance, California

Find the right Tax Audit attorney in Torrance, CA

Tax Audit Lawyers in Torrance

A "tax audit" in California is the process by which the relevant tax authorities (either the IRS, at the federal level, or its state equivalent) investigate a tax filing in more detail than they do for ordinary filings, usually because there appears to be a discrepancy, or some other suspicious item, in somebody's tax returns. However, the IRS (and state tax authorities) sometimes do rounds of random audits, where they audit taxpayers at random, without necessarily suspecting them of any wrongdoing.

The process of a Torrance, California tax audit is usually pretty straightforward. If and when you are faced with a tax audit, you'll receive a letter from the IRS, or its state equivalent, telling you that you're being audited. However, you should not assume that this letter is authentic, because con artists will sometimes send fake audit letters to squeeze money out of innocent taxpayers. You should seek independent confirmation of the letter's authenticity by searching the Internet for the name of the government agency in question, and contact them for more information.

Once you have made sure that your audit is indeed real, you can do a few things to get ready for it. Most importantly, you should gather all of the documents that the auditor has asked for, as well as any additional documents and evidence that you think might help clear up any confusion about your tax return. You should bring these to the meeting with the auditor, and truthfully (to the best of your knowledge) answer all of the questions that the auditor asks.

Reasons For a Tax Audit in Torrance, California

Tax Audits in California can occur for a wide variety of different reasons.

As discussed earlier, an audit might occur due to a taxpayer being randomly selected. If this happens to you, and you have been honest on your tax returns, it's unlikely that you'll have much to worry about.

But, some Torrance, California tax audits occur for a specific reason. This is usually because the IRS or your local tax authority suspects that you have not reported all of your income on your tax return. For example, suppose that, last year, you bought an expensive new luxury car. But say you only claimed ,000 in total income that year. As you might imagine, the IRS is going to be very interested in finding out where the money for that car came from, and, if you have enough money to buy it, why you aren't paying taxes on that money.

Likewise, trying to deduct a large percentage of your income is likely to raise suspicions. A tax deduction is a way to reduce one's tax liability by making some of one's income non-taxable. Some common sources of tax deductions in Torrance, California are business expenses and charitable donations. Some people, however, try to include false deductions in their tax returns (trying to deduct charitable donations they never actually gave, for example). A huge number of deductions will be highly suspicious to the tax authorities, and they will want to see evidence to support every deduction you claim, if you're audited.

How Can A Torrance, California Tax Lawyer Help?

If you are audited in Torrance, California, and believe that you have done everything right in preparing and filing your tax return, you probably don't have much to worry about. If there is anything wrong with your tax return, it was probably the result of an honest mistake, which will result in light penalties - usuallyy just an order to pay any back taxes you owe, plus interest.

But, there are some tax audits that are far more complicated and serious than a tax return having a few more deductions than usual. If this is the situation you're in, you should contact a Torrance, California tax attorney as soon as possible, to help make sure that your tax audit goes smoothly.

Talk to a Tax Law Attorney now!

Life in Torrance

Torrance, California is a city located in the southwestern region of Los Angeles County. Within city limits, Torrance has over 1.5 miles of unbroken beachfront, to which most of its 145,000 residents have access.

Torrance can trace its early history to a 1784 Spanish land grant. Wealthy landowners established several large ranches in the area that would eventually become Torrance.

Modernly, Torrance is a vibrant, environmentally-conscious community. It is home to one of the very few wetlands situated in an urban area. They are set aside as a nature preserve, which was once set for oil drilling. The efforts of conservationists and Torrance, California environmental lawyers prevented this from happening, however.

Many foreign corporations have their American headquarters in Torrance, including Toyota and Honda. These companies employ a large number of people in a wide range of professions, including local Torrance, California lawyers who represent the interests of their employers in the United States.

If you live in Torrance, California, and find yourself in need of legal services, it's very likely that there's a Torrance, California attorney who can help you out.

Clients Rate LegalMatch Attorneys
(click to read reviews)

Joel C.
Joel C.

Tax Law

Davidson, TN

Edwin L.
Edwin L.

Tax Law

Fayette, TN

Tax Defense N.
Tax Defense N.

Tax Law

Ohio, TN