Freedomtax’s staff has been providing honest IRS audit defense services in Orlando, FL and Kissimmee for 15 years, and we know that a number of people are able to get through each tax season without much trouble, but some have to look for different means of help. The thought of a tax audit strikes panic and fear in every taxpayer’s mind. Keep reading to determine what you should do to prepare yourself for an IRS audit and how professional IRS audit help in Orlando, FL can enable you to deal with these matters.
Maintain your Records
If you are a regular taxpayer, then you can avail several opportunities offered by the IRS to save adequate amounts on taxes. But, it is entirely your own responsibility to maintain proper records so as to verify your expenses and deductions in case of an audit. If you make effort to collect and organize your records and reports throughout the year, then you may be able to reduce the possibility of errors.
Maintaining accurate records will also enable you to create your defense in case the Internal Revenue Service decides to disprove your return. In order to handle all tax matters more diligently and efficiently, you should make every effort to do all of the following things during the whole year:
- Maintain your checkbook and pay stubs.
- Keep an organized folder of all kinds of bills.
- Maintain tax records and returns for at least 3 years.
- Keep and categorize receipts of all purchases you make during a year.
- Record all deductible items.
- Track costs of your property as well as taxable investments.
Prepare Yourself for an IRS Audit
If you are one of those who are selected for an IRS audit in Orlando FL and Kissimmee, then you have to be prepared to handle the situation. First of all, you should evaluate your return details to get a clear understanding of your tax return. You should consider multiple settlement terms that may be acceptable to you. In certain situations, you may find yourself unable to deal with matters related to IRS audit. In instances like these, you should get professional IRS audit help in Orlando FL and Kissimmee, such as an attorney, or a certified public accountant, and IRS enrolled agent in Orlando Fl and Kissimmee.
The IRS usually conducts a tax return audit only when it observes some invalid expenses or deductions or when it is certain that the tax audit will generate a tax bill. Thus, if you ever experience a tax audit, then you may probably need to pay extra amounts for taxes, but don’t get disappointed as expert IRS audit help in Orlando FL and Kissimmee from Freedomtax Accounting can minimize your stress and facilitate you to easily get through the process. Contact us at 407-344-1012. God bless