In fiscal year 2014, the IRS audited the tax returns of fewer than one percent of taxpayers nationwide. With those odds, you may be thinking it can’t happen to you. But you could be wrong. Especially if you have a lot of business expenses, your tax return is complicated, or you’re in a higher income bracket.
The good news is that nearly 75 percent are notices or letters sent by the IRS requesting additional information or clarification. The rest are actual field audits.
While you may be tempted to respond to a letter or notice from the IRS or state, it’s not always a good idea--even if you have a firm grasp of tax law. Because as friendly as IRS or state auditors might seem, they represent the IRS and state--not you.
Sure, taxpayers can--and do--prevail during IRS or state audits, but without an experienced tax professional on your side, it’s less likely that it will happen...and you just might end up owing the IRS or state money instead of getting a refund.
The importance of being represented by a qualified tax professional during an IRS or State tax audit or tax dispute cannot be stressed enough.
If you've received a letter or notice from the IRS or are involved in a tax dispute with the IRS, call us today or submit the contact form above. We’re here to help.
Call 281-969-7976 or click to set up a consultation with Christeen Seymour, CPA, PLLC today. Let us put our tax and audit representation services to work for you!
We will spend one-on-one time with you to fully understand your tax situation and discuss the strategies and solutions we can provide.
Our team will get to work! Sit back and relax, and we will get you there. We are ready to assist you through every step of the process.