The Internal Revenue Service (IRS) has long relied on tax audits to police taxpayers. Just the thought of an audit is enough to unnerve most people, but the reality is that the IRS is auditing more taxpayers than ever before.
Tax Audits
We See You Through the Audit Process and Get You Back on the Right Path
What is an audit?
What actually triggers an audit? The IRS flags tax returns each year based on discrepancies. For example, you may have claimed a high number of tax credits or deductions. The IRS may contact you to make sure you are entitled to all the deductions you claimed.
If you’re facing an IRS audit, consider hiring a tax professional to guide you through the process. Levy & Associates wants to represent you! Contact us today for more information.
Types of Tax Audits
There are three primary types of audits. The IRS determines which type of audit taxpayers are subject to:
MAIL AUDITS
Most tax audits are managed through the mail and are the least serious form of audit. Office and field audits usually require more time and focus from both the IRS and the taxpayer.
OFFICE AUDITS
An office audit requires you to find a time and place to meet an IRS agent on their terms.
FIELD AUDITS
Field audits mean that the IRS agent will come to your business or residence. Of course, hiring a tax professional will allow you to have qualified representation at all meetings involving your audit.
Audit Process
The audit procedure is rarely straightforward and very time-consuming oftentimes. The biggest complaint most people subjected to audits cite is that it takes them away from their business or personal life. As a result, many taxpayers elect to hire a professional for audit defense.
IRS audit triggers are primarily linked to a computer system that reviews every new return. This means that common pitfalls that land people in audits are often easy to remedy.
Levy & Associates is here for you, no matter what triggered your audit. We can explain what to expect during an IRS audit, cover what documents you’ll need to produce, and overall prepare you for the process. Whether you are facing a business audit or have run into some trouble with a personal return, our team is on your side.
Audit Defense
What happens if you get audited? The IRS will contact you and ask for various pieces of information regarding the tax return in question. The audit process can be lengthy. Taxpayers have the right to appeal the decision of an audit, but they must first go through the initial process.
Our audit defense professionals will represent you during your audit. We’ll manage all correspondence with the IRS, enabling you to return to your business or family life. When you hire Levy & Associates, you can rest easy knowing you’re securing a dedicated team of attorneys, CPAs, former IRS officers, tax consultants, and more.
The mere thought of an audit causes fear and anxiety in the minds of most American taxpayers. The process appears intimidating and leaves many people wondering:
• What records should you bring?
• What are they looking for?
• What did you do wrong?
• What penalties are involved?
The tax professionals at Levy & Associates have been representing clients during IRS audits for over 20 years. You don’t have to fear an audit when you are well prepared—but it is to your advantage to meet with us to discuss your circumstances before proceeding with the process.
Our audit defense team boasts years of experience dealing and communicating with the IRS. We even employ some former employees of the IRS, which provides us with an in-depth understanding of the process.
“Greg, Lance, Stephanie and team are some of the most amazing people I’ve had the pleasure of working with! They are on point when it comes to helping our crew out with our IRS tax issues! They saved our company and the owner so much money already! Thankful for Levy & Associates!!”
– Erica Dell“I had an IRS issue that no one was able to help me with. Someone recommended that I call The Levy Group so I did. They helped me with resolving a very difficult situation. I very thankful with what they were able to accomplish.”
– David CarpenterContact Levy & Associates for the Best of the Best Tax Resolution Services in the Country
Levy & Associates is available 24/7. We’re happy to answer any questions you have about the tax resolution process and address any concerns about your specific situation.
There’s never a good time to have a tax problem, and the time-consuming process will take away from your business or family if you try to face this alone. Let us handle and coordinate communication, so you can return to your daily life.