Learn what sets the best tax audit services apart from the rest.
Do you need to find dependable tax audit services after receiving a terrifying letter from the IRS? Tax audits often catch people by surprise, and many simply pay the amount demanded by the government out of fear. However, if you believe your taxes are correct, you shouldn’t feel pressured to overpay because Uncle Sam seems scary. Finding the right company to represent your audit may be the best move to prove your case. Here’s what to look for:
Doesn’t Make False Promises
Flip on your television during tax season, and the odds are good that you’ll see several advertisements for audit representation. Unfortunately, you can’t always believe what you see. Be suspicious of companies that claim to win the majority of their cases. In reality, the IRS will only find in your favor if you can prove they made a mistake. There’s no magic wand an audit company can do to erase a legitimate problem.
Instead, choose a company that has a track record of providing a full range of tax services, not just audit representation. They will look over each line of your tax return to make sure you filed correctly. If you are in the right, they will build and present a strong case to the IRS on your behalf.
Relies on Facts and Paperwork
When you receive an audit letter from the IRS, you can’t just say they’re wrong. No, you must prove with facts and figures that you don’t owe any more money. A reputable audit company understands this and will ask you to provide a long trail of paperwork.
Be prepared to present any of the following:
- Bank statements
- Pay stubs
- Brokerage statements
- Previous tax returns
- And any other record that pertains to your personal taxes
The more evidence you can find, the higher chance you have of winning. A tax advisor will create a list of items to obtain, so you won’t have to wander around aimlessly.
Represents You from Start to Finish
Audits can last a long time. From the first moment you receive your audit letter, you have 30 days to respond. While the IRS closes the majority of simple audits within 60-120 days, others can last for years. The timeline depends on several factors, including the complexity of your taxes, how much information you need to gather, and the skill of your audit defense team.
That’s why it’s imperative to find a tax advisor who will represent your case from start to finish. You don’t want to get halfway through the process, only to have them back out. To avoid a fiasco like this, choose a company that has years of experience and a proven track record. It’s not wise to work with a novice when it comes to an IRS audit.
Trust Your Audit Letter with a Tax Expert
No matter how carefully you fill out your tax return, you can’t always avoid an audit. If you receive a dreaded letter from the IRS, it’s time to reach out to Incompass Tax, Estate & Business Solutions for advice. With nearly three decades of experience dealing with the IRS, we know how to resolve your tax problems in a timely manner. Connect with us online if you’re ready to take advantage of our expert tax audit services.