Nothing is more startling than receiving an IRS Audit letter in the mail. Audits take significant time away from your business and family, requiring you to gather records to substantiate items reported on your tax return and put together a sensible presentation for the auditor.
The IRS’s mission in an audit is to collect more tax. That is how the audit and auditor are judged. The auditor’s senior looks to see, did the audit result in more taxes collected? If you think they are there to “accurately and fairly” apply the tax law you are kidding yourself.
Many taxpayers decide to handle a tax audit themselves, only to discover they may have been foolish not paying a CPA to represent them.
Not all IRS Auditors are well trained. They mostly work from a script and have limited knowledge of the tax laws. They depend on their managers who usually are better trained. So having a good knowledge of the tax laws puts you at an advantage in the audit, and our tax preparers do!
Whether you want to admit it or not it is just a game where the winner gets the cash. You win a game by knowing and playing by the rules and that is the way our tax preparers play!
Our CPAs have a great track record with IRS audits and are extremely easy to talk to.