Freedomtax Accounting’s IRS enrolled agents and tax accountants have been providing honest tax services in Orlando, FL for 15 years, and they know that an IRS audit is a grueling experience for most individuals. No one likes being put under the microscope and being scrutinized. An IRS audit particularly makes sure to not only scrutinize you but poke, prod and pry into every detail while you valiantly try to prove your innocence in the matter. However, many people quite often lose their heads when faced by a formidable opponent like the IRS. Luckily, here are a few tips that can help you in tax preparation in Orlando, FL and Kissimmee and how to get IRS audit help:
IRS Audit Help 1 – Getting an IRS AuditAudited
If you’ve never had an IRS audit or received notice from the IRS regarding your tax returns or a tax debt then you are a very fortunate person. However, the IRS is pretty renowned for their enthusiasm for dishing out audits left and right; seems suspicious?
Well, an audit is held to examine your records for any tax evasion reasons or for any faults. It is quite possible that you made a mistake during tax preparation in Orlando, FL or Kissimmee.. With only the information filed in the tax return to go with, the IRS at times has problems accepting the figure and will get you audited to examine your financial records.
IRS Audit Help 2 – Legal IRS Representation
When audited, you are allowed to have legal representation in the form of a tax attorney to serve as your IRS audit help. If you feel that you are wrongfully being audited, by getting legal representation you can defend yourself successfully. If there are overlooked errors, a tax attorney can also help you present your answers in such a way that would make your reasoning perfectly understandable to the IRS.
IRS Audit Help 3 – Professional Tax Services
If you utilized tax preparation services in Orlando, FL or Kissimmee, and then received an audit, then you are not likely to be answerable to the audit. However, the IRS will still contact you regarding the mistakes or misinformation in the form. For this purpose, you can have the organization whose tax preparation services you used send a representative from their offices. Often, when you utilize tax preparation services, these businesses promise you legal IRS representation in case of an audit so at times you don’t even have to be there for the audit. However, it is very advisable that you attend the audit since it will help the IRS gain information as quickly as possible and finish the audit as early as possible too.
IRS Audit Help 4 – What Can Go Wrong?
An IRS audit is a serious business since if there are large discrepancies in the data submitted and the records you have, you could be charged with tax fraud or tax evasion and the IRS can have you legally arrested with a prison sentence or a large fine on your head. Not only that, you will have to pay the amount fined or missing and the IRS can legally grab your assets and other possessions as compensation or as until the fine has been repaid. This can easily lead to a growing tax debt, minimal resources or means of an income resulting in bankruptcy for your business or poverty for you.
If you are getting audited by the IRS, and need IRS audit defense services, please contact us at 407-502-2400. Freedomtax Accounting is a full service business accounting and tax firm in Kissimmee, FL. We serve Central Florida, Orlando, Poinciana, St. Cloud, Hunters Creek, FL and even nationwide. We specialize in tax debt relief, back taxes help, IRS audit defense, tax resolution, small business accounting, bookkeeping, tax services, tax preparation, incorporations, tax planning, and non-profit 501 (C3) tax exempt status applications.
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