The Use of AI and Machine Learning in Valuation and Forensics
Unresolved tax concerns can lead to financial stress and dealing with these complex issues can be overwhelming. Ignoring or neglecting tax issues won’t make them go away. In fact, it will likely compound them further.
Bennett Thrasher can represent and advise you through the controversy process to resolve your tax audits, collection issues and other tax-related disputes.
If you are looking for a partner to assist with any tax controversy issue, we can help. Contact James Pickett to schedule a consultation.
We specialize in working with businesses, individuals and their attorneys to satisfy unresolved tax disputes with federal, state and local jurisdictions. Some of the tax controversy areas we specialize in include:
In a field audit, the IRS or state tax authority auditor comes to your home, office or the office of your representative. Field audits can be expansive, spilling over into other years, other commonly owned businesses and related personal returns. We assist individuals, partnerships and corporations in all industries to navigate the field audit process from beginning to end.
In a correspondence audit, a tax authority requests that you mail them documentation to support specific items on your tax return. A prompt and thorough response to correspondence audit requests increases the likelihood of a favorable outcome and can keep tax problems from escalating.
We can advise the best course of action to appeal a tax controversy matter that has not been resolved during an audit including via managerial conferences, fast-track settlements, appeals and more.
We can help you understand the possible risks before filing a return and address potential IRS issues before they arise.
Each year, the IRS sends millions of letters and notices to taxpayers notifying them of changes to their accounts, requesting payment and assessing penalties. Quite often, you will not owe the amount requested. Our team can review any notice you receive, and our goal is to help you prevent penalties or negotiate with the IRS to remove or reduce previously asserted tax penalties.
We will work with you to design the most advantageous approach to any tax problem or dispute.
Tracking the state and local tax trends, policies and regulations across the U.S. Many issues and situations could trigger a tax audit, and even the most diligent taxpayer may receive notices from tax authorities from time to time. Our first piece of advice in these situations is: don’t panic – we can help.
There is no universal rulebook for resolving tax controversies with the IRS or state taxing authorities. Each tax problem has unique facts and circumstances. That’s why the Tax Controversy Practice at Bennett Thrasher has a dedicated team of tax controversy specialists who have inside knowledge of the Internal Revenue Service. We provide custom solutions to help clients address potential risks and manage tax disputes – both in the U.S. and internationally. We can also assist with state and local tax (SALT) controversy matters, including appeals, abatements, settlements, audits and similar matters.
Our experienced professionals will work with you to develop strategies for handling IRS audits, collection matters, penalty notices and other tax compliance issues. With a strong and effective advocate on your team, you can rest assured that your interests and tax position are protected.
We specialize in working with businesses, individuals and their attorneys to satisfy unresolved tax disputes with federal, state and local jurisdictions. Some of the tax controversy areas we specialize in include:
In a field audit, the IRS or state tax authority auditor comes to your home, office or the office of your representative. Field audits can be expansive, spilling over into other years, other commonly owned businesses and related personal returns. We assist individuals, partnerships and corporations in all industries to navigate the field audit process from beginning to end.
In a correspondence audit, a tax authority requests that you mail them documentation to support specific items on your tax return. A prompt and thorough response to correspondence audit requests increases the likelihood of a favorable outcome and can keep tax problems from escalating.
We can advise the best course of action to appeal a tax controversy matter that has not been resolved during an audit including via managerial conferences, fast-track settlements, appeals and more.
We can help you understand the possible risks before filing a return and address potential IRS issues before they arise.
Each year, the IRS sends millions of letters and notices to taxpayers notifying them of changes to their accounts, requesting payment and assessing penalties. Quite often, you will not owe the amount requested. Our team can review any notice you receive, and our goal is to help you prevent penalties or negotiate with the IRS to remove or reduce previously asserted tax penalties.
We will work with you to design the most advantageous approach to any tax problem or dispute.
Tracking the state and local tax trends, policies and regulations across the U.S. Many issues and situations could trigger a tax audit, and even the most diligent taxpayer may receive notices from tax authorities from time to time. Our first piece of advice in these situations is: don’t panic – we can help.
There is no universal rulebook for resolving tax controversies with the IRS or state taxing authorities. Each tax problem has unique facts and circumstances. That’s why the Tax Controversy Practice at Bennett Thrasher has a dedicated team of tax controversy specialists who have inside knowledge of the Internal Revenue Service. We provide custom solutions to help clients address potential risks and manage tax disputes – both in the U.S. and internationally. We can also assist with state and local tax (SALT) controversy matters, including appeals, abatements, settlements, audits and similar matters.
Our experienced professionals will work with you to develop strategies for handling IRS audits, collection matters, penalty notices and other tax compliance issues. With a strong and effective advocate on your team, you can rest assured that your interests and tax position are protected.
“The transfer pricing audit ended after the German tax authorities reviewed our Local File. It might have been the best money I have ever spent.” – Feedback from Finance Director of Irish Multinational in Healthcare Industry following a transfer pricing audit in Germany
“Ben and his staff have been fantastic. They have been very professional and extremely patient as we navigate through our transaction and the planning process.”
“We are incredibly grateful for the partnership, support and collaboration of you and your team…Your professionalism and collaboration truly made the difference for the Company, our teams and our leaders.”
“As always, we very much appreciate your hard work and the hard work of the entire BT team.”
“In the past, I have used two of the top four national accounting firms for advice. I have found Jeff Call’s firm Bennett Thrasher, the most responsive, always available and very, very helpful. Once I’m not around, I’m certain my state trustee will continue to rely on Jeff’s firm.”
“Bennett Thrasher provided exceptional second mile audit services for Trilith Studios. Their team was thorough, knowledgeable, demonstrated a high level of attention to detail and provided clear communication throughout the entire process. We highly appreciated their collaboration and the professional service they provided throughout the entire audit process.”
“Just when you have self-assessed your company to possibly be the worst client ever, the Staff at Bennett Thrasher make you feel like you are their most important and beloved client. That ability is an attribute you don’t see in many accounting firms.”
The Use of AI and Machine Learning in Valuation and Forensics
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