Have you received a state or IRS audit letter? Don't panic. While IRS audits may seem intimidating, they are actually quite rare, and most of them are conducted through mail correspondence. Remember, you have the right to the best representation available, and NY TAX SOLVERS is here to help you navigate the audit process.
Facing an IRS audit can be stressful, as the IRS treats taxpayers as "guilty until proven innocent" and issues notices with harsh collection threats and deadlines. Additionally, substantial penalties and interest can be imposed. That's why it's crucial to seek professional assistance and not contact the IRS or state without proper representation. Acting quickly is important, as the IRS and state set deadlines that must be met.
NY TAX SOLVERS specializes in fighting for your rights during an audit. Our Audit Department has the expertise to potentially save you thousands of dollars in principle and penalties. Many IRS audits are triggered by simple math mistakes or miscalculations, and the IRS may request additional information or documentation to verify deductions or exemptions.
When facing a potential audit, it's essential to remain calm and focus on gathering the necessary documentation. Avoid saying too much and consult with a tax professional and legal representative immediately to discuss your options. Even if the audit is conducted through mail correspondence, having a professional on your side can minimize the chances of further investigation and help you navigate the audit process effectively.
During an IRS tax audit, NY TAX SOLVERS acts as a buffer between you and the IRS, fighting for your rights and advocating on your behalf. Our goals are to negotiate a zero change audit when possible, limit the scope of the audit, protect your assets and income sources from collections, and arrive at the best possible resolution if any taxes are legitimately due.
Understanding how IRS audits work is essential. Most audits are correspondence audits, where the IRS requests specific supporting documents to resolve errors or misunderstandings. In-person audits are rare but more likely for larger companies or high-income individuals. If the IRS requests an in-person meeting, seeking legal representation is highly recommended.
It's crucial not to speak to an IRS or state auditor without proper representation. The IRS generally has three years to initiate an audit inquiry, although it can go back further if tax fraud is suspected. Keeping thorough documentation for the past three years is important for defending against potential IRS game plans and minimizing the duration of investigations.
Don't face an IRS audit alone. Contact NY TAX SOLVERS' Audit Department today for a free consultation. We have the knowledge and experience to guide you through the audit process, protect your rights, and work towards the best possible outcome.
Phone Number
(347) 480-5866Reach out to NY Tax Solvers today to receive professional assistance with tax debt resolution, IRS compliance, and tax return services. Let us fight for you and protect your assets. Get peace of mind and settle your tax problems.