IRS Representation
1-2% of all individual tax returns filed in any
year will be selected for audit. Higher-income taxpayers and those
in target categories face a slightly higher audit risk than lower-income
taxpayers. Absent fraud or substantial understatement of income,
the IRS has three years from the due date of your return to initiate
an audit. Typically, most returns are selected within two years
of their filing date. The best defense in an audit is a two-part
strategy: (1) Have supporting documentation for all deductions
and credits, and (2) See your accountant immediately upon notification
that you're being audited. We can put your mind at ease, find
the information that the IRS wants more quickly than you can,
and very likely will save you money in the long run by getting
a faster and more favorable conclusion to the audit.
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