Tax audits are unpredictable. While errors or discrepancies in a filed tax return are a major reason for a taxaudit, it can also be random. This means that facing a taxaudit does not automatically mean that errors were uncovered in your taxes. This is applicable to both individuals and tax audits for companies.
If you have received a taxaudit notice, or you’re worried about receiving one, then you need the right knowledge on how tax audits work and how to handle them.
There are factors that increase the chances of a tax audit for companies and individuals. We will advise that getting a professional to help you file your taxes will help reduce your chances of getting audited.
IRS audit defense
If you’re already facing a taxaudit, then you need adequate tax audit representation. Unless you’re very experienced and know the right steps to take, or you’re a professional yourself, seeking IRS audit defense is your best bet.
Tax audit defense services help represent you through your income tax audit. They provide support and take actions that will benefit you. If you need tax audit representation, our tested tax audit defense system is adequate to help defend your tax return in audit hearings and meetings.
It’s been proved beyond reasonable doubt that getting help for tax audits goes a long way to help individuals and businesses. However, when should you get help and when shouldn’t you?
When to get help and when not to
If you have received a taxaudit notice but are confused about how audits work or how you should respond, then you need to get help. You also need tax audit representation if you need someone to speak with the IRS on your behalf or if you have gone through an audit before but disagree with the conclusions made by the auditor. Getting help from a tax attorney can help you settle your debt for less.
If the IRS is pursuing a criminal charge or you are being accused of tax fraud, DO NOT try to face and handle it alone. These are dire situations that can attract penalties. Getting a tax attorney for audit defense can help reduce your penalties and make the best of the situation. Tax audit representation is also necessary when you need to protect your interests in court.
In cases of tax audit for companies, it is advisable to hire a tax attorney who will meticulously look into the situation on ground, go through your records, and organize the needed information. During a tax audit for companies, you need to be represented well with little or no mistakes.
However, in minor cases like when the IRS asks you to provide more information on certain credits or deductions claimed on your federal tax return, you do not necessarily have to seek the help of a qualified professional. These are just routine audits from the IRS that you may be able to handle by yourself. This does not mean you should not get help from a tax attorney if you desire to ease yourself of stress and ensure that the entire process goes smoothly. We also recommend filing your taxes with the help of a professional tax preparer.
About Souri, Gazda, & Co.
We are a tax relief firm dedicated to giving you the best results regarding resolving your tax debts. Our team of qualified professionals is available round the clock to provide you with the assistance you need to overcome your tax debts and be well on your way to financial freedom. Contact us now at 888-585-8629 or 617-430-4674 or send us an email at [email protected].
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