Nothing strikes fear in the hearts of people more than
receiving an IRS Audit letter in the mail. Audits take significant time
away from your business and family, requiring you to gather mounds of
records substantiating each and every item reported on your tax return
and develop a comprehensive understanding of tax law. The IRS leaves no stone unturned in its mission to determine the accuracy of your tax return. If you don't comply with the Auditors' wishes, the IRS will recalculate your tax and send you home with a hefty tax bill as your parting gift. Many taxpayers decide to handle a tax audit themselves, and discover they may have been "penny wise," avoiding a representative's fee, but "pound foolish," because they received a substantial bill for a significant tax deficiency. As an advisor, we can assist with the audit process. We step in and become the point of contact with the IRS agent. As such, we work with you on gathering the documentation and then handle a majority of the bureaucracy and paperwork so that you need not take time off of your businesses or job. |
