How Tax Advisors Can Help Individuals and Small Businesses During A Tax Audit.
Tax audits can be a daunting experience for individuals and small businesses, especially if they are unprepared or unfamiliar with the process. However, with the help of experienced tax advisors, the audit process can be less stressful and more manageable.
At Jackman Professional Accounting & Financial, our tax advisors are dedicated to assisting individuals and small businesses during tax audits to ensure they receive the best possible outcome.
Here are five ways tax advisors can help individuals and small businesses during a tax audit:
1. Provide Expert Guidance
Our tax advisors have the expertise and knowledge to guide clients through the audit process, helping them understand the audit notice, gather the required documents, and prepare for the audit interview.
2. Assess the Situation
Our tax advisors will carefully review the client's tax returns and financial statements to assess the situation and identify any potential issues. This will allow them to develop a strategy to minimize any potential penalties or liabilities.
3. Represent the Client
Our tax advisors can represent the client during the audit, speaking on their behalf and providing additional information or clarification when needed.
4. Negotiate with the IRS
Our tax advisors can negotiate with the IRS on the client's behalf to resolve any discrepancies or disputes that may arise during the audit.
5. Plan for the Future
After the audit, our tax advisors can work with clients to develop a plan to prevent future audits and ensure compliance with tax laws.
Tax advisors can provide valuable assistance to individuals and small businesses during tax audits. At Jackman Professional Accounting & Financial, our tax advisors have the expertise and knowledge to guide clients through the process and achieve the best possible outcome.
Reach out to Jackman Professional Accounting & Financial to learn more about our tax advisory services and how we can help individuals and small businesses during a tax audit. Contact us today to schedule a consultation with one of our experienced tax advisors.