IRS, Sales Tax Audit , Affordable Experts – Back Tax Problems
We are a professional tax firm that specializes in IRS and sales tax audits in the state of Florida.
We’ve been practicing since 1982 and we are A+ rated by the Better Business Bureau.
We are comprised of tax attorneys, certified public accountants, and former IRS and state tax agents.
We match your needs up with the person that has the most expertise in our office.
We are available for free initial tax consultation and we will be able to give you no-cost evaluation and let you know ahead of time what issues or problems you may be facing during an IRS or sales tax audit.
Our staff has over 78 years of direct working experience with the Internal Revenue Service or the state of Florida, Department of revenue.
Some Facts about IRS Audits
The Internal Revenue Service audits 1% of all tax returns.
The more money you make the higher chance of an IRS tax audit.
The IRS conducts over 359,000 field and office audits every year.
The IRS sends out over $1.1 million worth of mail correspondence audits each year.
Sales Tax Audits
Why Are Taxpayers Audited?
The State of Florida audits taxpayers to:
1. Enforce Florida tax laws uniformly.
2. Deter tax evasion.
3. Promote voluntary compliance.
4. Educate taxpayers.
While the State accepts most tax returns as filed, we audit some returns to verify accuracy and evaluate compliance.
Audits do not always result in the taxpayer owing additional tax, penalty or interest.
The auditor may adjust a credit carryover or correct distribution without assessing additional tax. The auditor may even determine that a refund is due.
How Are Taxpayers Selected for a Sales tax Audit?
The methods for selecting a business or individual to audit vary from tax to tax. Here are some examples of sources we use to identify a potential audit candidate:
- Internal Revenue Service information.
- Information sharing programs with other states and state agencies.
- Computer-based random selection.
- Analysis of Florida tax return information.
- Business publications, periodicals, journals, and directories.
IRS Information re: IRS Tax Audits – Minimum Requirements For Examination of Income
All examiners will consider gross income during the examination of all income tax returns.
Minimum income probes will be completed regardless of the type of return filed by the taxpayer.
The minimum income probes are designed as a set of analytical tests intended to determine whether the taxpayer accurately reported income.
If the taxpayer is under reporting income, the probes should result in the identification of at least a portion of the understatement.
The minimum income probes vary depending upon the type of return (non business or business) and the method of the examination (office audit or field examination).
Internet use and e-commerce activities will be audited as part of the minimum income probes for all business returns.
All minimum income probes will be completed regardless of whether or not the taxpayer maintains a double-entry set of books.
Monticello, Madison, Perry, Live Oak – IRS, Sales Tax Audit , Affordable Experts – Back Tax Problems
