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Evidence You Will Need to Defeat an Allegation of Unreported Income by the IRS

Posted by Travis Watkins | Oct 24, 2016 | 0 Comments

When most taxpayers think about problems with the IRS, they likely assume that many problems relate to questionable tax deductions. In fact, however, it is more common for the IRS to pursue taxpayers over suspicion of unreported income. The IRS has increased its collection efforts with regard to allegedly unreported income in recent years. If you are accused by the IRS of failing to report all of your income, it is crucial that you prove the IRS wrong by providing the right type of evidence. If you are unable to do so, you may end up paying taxes on income that you never actually earned.

Evidence You Will Need to Defeat an Allegation of Unreported Income by the IRS

For most taxpayers, the solution to a tax problem involving an accusation of unreported income is to combine the use of affidavits with supporting documentation. Here's an overview of the evidence that you should consider gathering to support the income you have reported earning:

  • Affidavits that serve as affirmative proof,
  • Bank records,
  • Employment records such as pay stubs,
  • Proof of non-taxable income you received during the year, such as a gift from a parent,
  • An affidavit in which you declare that you reported all of your income on your return.

When the IRS contacts you and makes an allegation of unreported income, it is important to respond quickly. Fortunately, we can help. Learn more about the experiences of our past clients by checking out our client testimonials today.

About the Author

Travis Watkins

Your IRS Weapon® He is the principal and senior tax attorney at Travis Watkins Tax Resolution and Accounting Firm ("Watkins Tax") with offices in Dallas, Oklahoma City and Tulsa, OK. His firm is unique, as it devotes 100% of its practice to fixing IRS problems for select clients and keeping t...


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