Examination / Audit Help
Preparing for an audit by the IRS can be an overwhelming process even when you’ve taken good care of your account records. Collecting your past tax forms, your past and current bank account records, and numerous spare invoices and receipts in preparation for your audit can be a very daunting task. On top of that, you need to be familiar enough with tax law and procedures to understand which financial records will help, which ones are redundant, and which ones may be completely useless.
If you’re being audited, we can provide you with knowledgeable assistance for your tax examination. Our agency is not only familiar with the laws and necessities of handling tax audits but we can provide you with compassionate, hands-on care throughout the entire frustrating process. You will have a dedicated representative throughout the entire audit helping you gather and organize your records and explaining all relevant tax laws in an easy-to-understand manner.
IRS Examination/Audit Help
One option for taxpayers is to hire a certified public accountant (CPA) or an enrolled agent (EA). These professionals are licensed by the IRS to represent taxpayers in tax matters. They can provide valuable advice and guidance during an examination or audit, as well as help with preparing and filing any necessary documents.
Another option is to seek help from a tax attorney. A tax attorney specializes in tax law and can provide legal representation during an IRS examination or audit. They can also assist with negotiating settlements and representing taxpayers in court.
It is important to note that while these professionals can be valuable resources, they do come at a cost. Taxpayers should carefully consider their budget and the complexity of their case before deciding to hire outside help.
In addition to seeking professional assistance, taxpayers can also take advantage of different resources provided by the IRS itself. The IRS offers free tax clinics for low-income individuals and families, as well as a Taxpayer Advocate Service for taxpayers who are experiencing financial hardship or significant difficulties with their tax situation.
Taxpayers can also turn to online tools and resources, such as the IRS website and their myRA account, for guidance during an examination or audit. These resources can provide helpful information on preparing for an examination, understanding the audit process, and resolving any issues that may arise.
It is important to remember that while facing an IRS examination or audit can be tough, there are resources and assistance available to help taxpayers navigate the process. Whether seeking professional help or taking advantage of free resources provided by the IRS, it is crucial for taxpayers to take action and address any issues with their taxes in a timely manner.
By doing so, they can minimize potential penalties and interest, as well as ensure their tax compliance moving forward. It is always recommended to seek help and assistance whenever necessary during an IRS examination or audit. And with the right guidance and support, taxpayers can successfully navigate this process and achieve a positive outcome.