What should I do if I get audited by the IRS or the FTB? Better yet, what can I do to avoid a tax audit altogether? It’s a fear that we all share come tax Day: what if I get audited? We don’t necessarily fear an audit because we think we lied on our taxes. Instead, we fear an audit that occurs because of overly-complex tax rules and regulations, or an audit that occurs because of the inefficiencies of the Internal Revenue Service.
So what do you do when you get audited by the IRS or the FTB? How do you go about the audit in an efficient and appropriate way, thus eliminating the chance that tax issues continue to rear their ugly head in your life for many months, or even years, down the line?
The first thing is to learn as you possibly can about the process of an IRS or FTB audit and your rights as a taxpayer. Did you know you may not even have to speak with an auditor directly? Did you know it may not be in your best interests for you to speak with a tax auditor?
The experienced, proven IRS and California tax audit defense strategies at Allen Barron are based in more than 20 years of experience and a sound knowledge of both tax law and Generally Accepted Accounting Principles (GAAP). It may surprise you to learn the majority of auditors are not accountants and in many cases it is simply a matter of explaining not only the law, but the underlying accounting and supporting documentation which supports our client’s positions.
If you are going to be audited by the IRS or the FTB you need sound advice and counsel. You need skilled representation. Make sure you have skilled tax professionals and/or legal counsel protecting your interests. We invite you to contact Allen Barron or call today to schedule a free consultation at 866-631-3470. The answer to the question “what if I get audited by the IRS or the FTB?” is simple: put up an expert, principled fight!
