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When IRS Audit Representation Might Be Beneficial

By Lelia Hall


Each person has the responsibility to pay their own taxes. Negligence can lead to lawsuits that you do not want to be involved in. Companies have bigger tax responsibilities since they are earning more. And because the finances involved are higher, there is a need to verify the accuracy of the reports being filed every time. And this is the reason for IRS audits.

Despite the fact that you never miss a payment and your company is keeping in line with the guidelines of the IRS, you can still get anxious when they tell you about a certain audit. Taxes can be a complicated issue and you can easily get lost in the conversation. It would surely help if you ask for IRS audit representation AZ to help you out in the matter.

This is known to be an audit defense as well. You will be defending your company, your actions and your reports through the help of a professional. There are various firms that offer legal council and services as representatives of a certain company. The agent will be the person who will relay all your decisions and he or she will be the person to guide you as well.

When you know that an investigation is coming up, it would be the perfect time to look for legal services. You need to hire them ahead of time so that they can provide you with a good explanation about things. What makes the audit scary is the fact that there are a lot of things that needs to be explained and there are also topics that can be confusing. Representatives are experts in this area, so you can easily ask questions and get a proper explanation.

If you notice that there are several mistakes in the reports and you know that this is not intentional, the representative can help explain your perspective and your side of the story. Before the audit starts, they need to see all the related documents, you should provide it to them. This way, they will know your current predicament and review these things if something is wrong.

They are the individuals that you can turn to for advice for the next steps to take. The audit process might be dragging and it might even take several days. You have to know what is happening and the auditors might not be able to provide a clearer explanation. Having your own representative will help you in understanding all of the steps in the process.

The representative will be the one to report for you during the entire process if you have things that you need to do. When the entire procedure is done and the report is already made, you will have to sign it. But if the findings are not favorable for you, you can always put off signing it especially if you are planning to appeal for it.

Since you have a representative the process will be much faster. You will discover the results sooner. When you choose not to hire someone, every correspondence will be in writing. And there is no guarantee when the results will be shown to you. If there is someone who can monitor the entire process and the investigation as well, you can expect the results sooner.

There are several companies that choose to send another person to assist the representative. Your accountant would be the best choice. He or she would know the reports well and it would be easy for both of them to understand each other.




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