Law Offices of Connie Yi, PC - estate planning
Tell Us About Your Case

For the safety of our community, clients and staff, we have suspended all in-person meeting effective March 17, 2020. All consultation meetings will be via Phone or Zoom Video Conferencing. Please contact us at 925-484-0888 or email us directly at [email protected] to schedule the consultation.

Bay Area Estate And Tax Planning Law Firm
Estate Planning
Trust Administration and probate

Will the shutdown impact your tax audit?

| Oct 10, 2013 | Uncategorized |

As the government shutdown continues, many Californians who have pending business with the government have been left with a lot of questions. For those currently involved in a tax dispute or an audit, figuring out what to do next in light of the shutdown can be confusing and stressful. 

Some people might be under the impression that the shutdown means that their issue will be suspended until the government resumes its normal functions, but that isn’t quite the case. At the same time, staff has been cut so some of the assistance and services that have been offered in the past are not available. 

This is a highly unusual set of circumstances, but the confusion surround the current situation with the IRS makes it a particularly important time to seek out help on any tax disputes or audits that are currently pending. One of the services that is not available during the shutdown is the IRS customer service line, where agents are usually on call to answer questions. With the October 15th deadline for extensions on 2012 tax returns approaching, this means that individuals may need to go elsewhere for answers to their tax questions since that deadline remains in place.

Audits are on pause while many auditors are furloughed, but experts say that they will pick back up again when the government returns to full capacity. As a result those facing an audit should continue to organize their defense against any allegations of wrongdoing so that they will be prepared when auditors return to work. 

Source: CNN, “The Shutdown, the IRS, and your taxes,” Melanie Hicken, Oct. 5, 2013. 

Archives

FindLaw Network

Recent Blog Post

Is estate planning necessary for young people?

Misconceptions exist about the relationship between age and estate planning. Yes, older people may prioritize estate planning for reasons related to advancing age and health concerns. That does not mean only older California residents benefit from the process. Young...

What are the responsibilities of a fiduciary?

Residents of California may want to learn more about the role of the fiduciary and their responsibilities. Because fiduciary duty may be a requirement among certain professions, clients and professionals should know more about what this is. The meaning of fiduciary...

5 factors to consider when choosing a guardian

For parents, one of the biggest reasons they decide to create an estate plan is to ensure their child will be cared for no matter what. It isn’t easy to think about a tragedy where a child may lose both their parents before they turn 18, but parents have to plan for...

View More Blog Posts