An IRS summons is a legal document to demand documents, records, or testimony from taxpayers for investigating tax fraud, money laundering, and other financial crimes. The IRS will typically only issue a summons when it has exhausted all other means of collecting information about suspected tax fraud or noncompliance. If you are summoned by the IRS, it’s important to know how to respond.
Tax attorney Mary King of the Law Office of Mary E King PL says:
“It’s crucial to take care of the situation right away. First and foremost, open up the letter and read it! It is essential that you understand what kind of information the IRS is requesting, such as information about your income, financial accounts, or business records so you can respond accordingly.”
King further advises to contact an experienced tax attorney as soon as possible to get guidance on how best to handle this situation. Your lawyer will listen to your side of the story and provide some insight into what your options are given the circumstances surrounding your case.
If you’ve received a summons from the IRS, first, don’t panic. The Law Offices of Mary King will read over your summons and tell you what you need to do next. They can help you determine if you have any legal defenses that would exempt you from responding to the request or whether it would be better for you to simply comply with the request in order to avoid harsher penalties.
The Law Offices of Mary King have been dealing with the IRS for decades and there isn’t any tax problem they haven’t seen.