Dealing with an audit can be a scary experience for most taxpayers. They worry that they are not going to be able to deal with the IRS or that they will just make the whole experience worse than it was to start with. Most may panic and assume there is no hope for them at all. Luckily, there are some steps that you can take when it comes to an audit and they are easy to learn and don’t take much time at all. If you are facing an audit, make sure to call in the professionals from Tax Problem Resolutions. Our professionals are experienced in dealing with all kinds of tax issues and can help you to get through this audit process as quickly as possible.
What is an Audit?
An audit is when the IRS wants to take a closer look at your tax return. They may be doing this as a part of their routine or there was something that sparked their interest and they think may be a bit wrong. In most cases, you will just need to submit one piece of documentation and you are done. Often the work is easy and is more of a process to make sure people stay honest on the tax return.
There are times when the audit can become more severe and the IRS thinks that you owe a lot of money in taxes because of how you reported on your tax return. This situation could be scary since the IRS is likely to send out a representative to look at your office or your home to make sure that you are reporting correctly. If you are in this situation, make sure that you contact the professionals at Tax Problem Resolutions to get the professional help that you deserve to take care of this tax issue with no problems.
What to do in an Audit?
When it comes to an audit, the process is usually pretty simple. You will receive a letter in the mails stating that the IRS would like some confirmation about your taxes. Sometimes you just need to send in a W2 or other form to show how much you made through the year or a bank statement. In most cases, this is just a checkup to make sure the numbers were in order and you can just send the requested documents in without any other work.
While most of the paperwork can usually be sent in by mail, there are some times when you will need to go in and visit a local IRS office. There should be one near you and you will do much of the same proceedings as you did with mailing, but you will bring in the paperwork instead. Often the representative there will be able to look over the documents and then you are free to go as long as everything works out right.
If you need to talk to someone on the phone about this process, make sure to have all the paperwork in order ahead of time. This will have your case number present and will ensure that the agent who answers is able to help you out quickly. You can also have the professionals at Tax Problem Resolutions talk to the IRS for you, as long as you fill out the right form, so you can ensure that the right things are being said to expedite this process and get it all done.
In some rare cases where the IRS feels that you were purposely hiding money from them, you are going to need to have a representative of the IRS come and check out information at your office or your home to make sure you actually could claim the deductions and items that you did. This only happens if the IRS really feels that you made a mistake that cut your tax bill by a lot because they have to pay someone to come out and check everything. If there is someone coming to your location, you need to make sure that you have the right representative there to help you out through the whole process. The professionals at Tax Problem Resolutions will be able to help you through the whole process and will ensure that you get the best treatment during this process.
Getting Professional Help
No matter what the nature of the audit is, whether you just need to prove your information or you need to actually have an agent come to your home or place of business and take care of the auditing process, it is good to have someone on your side. A tax professional will be able to go over all your tax information and ensures that you are getting fair treatment from the IRS. They can be there when the IRS comes to visit or talk on your behalf to get this situation under control.
If you are facing an audit, it is important that you don’t try to do all of this on your own. Instead, make sure to pick the right professionals who have the experience to deal with audits and other tax issues. Linda Biller from Tax Problem Resolutions, Inc. in Longwood, FL is here to help. From the moment when you first receive the audit report to the final moments when everything is all complete, let our professionals be there to help you along the way.
