Every year, millions of people and businesses across the United States submit their taxes at the state and federal level – and government agencies then determine whether or not the tax information that was submitted was accurate and fair. In cases where there are discrepancies, payments are short, or information appears to be wrong, an audit is usually carried out. Some studies also indicate that audits are completed on random accounts too. If this happens to you, there’s no reason to panic. With our audit representation service, we’ll take care of the matter for you, eliminating any uncertainty and stress. It’s likely that the audit will have the IRS indicate that you’ve fallen short of the amount owed, but just because they’re making such a claim, it doesn’t mean it’s true. Tax Preparation Services Newport Beach CA is ready and waiting to fight your corner.
What is a Tax Audit?
So, you’re being audited. But what exactly is an audit, and what do you need to be prepared for? An audit is a review and examination of your accounts and financial information, and it’s carried out to determine whether the information is being correctly reported for tax purposes. It can be a daunting experience, especially since many of the tax laws and regulations that you need to comply with are so complicated. Matters are obviously complicated further if you’re dealing with multi-state tax laws as well. We can handle an audit of any size, so there’s no situation where we feel we’re unable to step in.
Business and Personal Tax
At our company, we’re comfortable taking on audit representation situations for the auditing of both business and personal taxes. There are certainly difficulties and challenges specific to each of these situations, but our experienced tax service professionals are more than capable of traversing these to provide a desirable outcome. We have an extensive service record that demonstrates our capabilities carrying out audit defense – so you can rest easy knowing that you’re in good hands.
Fighting Your Case
Quite often, people receive correspondence from the IRS, and they make the false assumption that the information that the service is relaying is 100% accurate. This is not an infallible service – they make mistakes. It’s important that you have audit representation to make sure that you’re not being falsely accused of wrongdoing. We have had situations in the past where the IRS has insinuated that thousands of dollars are owed to them, only for the final result to be a rebate from them – a complete turnaround.
If you are being audited unexpectedly, it’s likely going to be a stressful time for you. Financial matters are unpleasant for a lot of people, and tax situations in particular can provide a lot of anxiety. You can do yourself a big favor by bringing in professional audit representation to alleviate the stress that you’re feeling. We’re proud to provide a service that not only protects your financial condition, but also looks after mental wellbeing.