We are the Affordable Professional Tax Local Tax Firm that specializes in Individual, Business and Corporate Tax Audits.
If you are going to undergo an IRS tax audit contact us today for free initial tax consultation and speak directly to former IRS agents and managers  who worked countless numbers of tax audits as former IRS employees.We know the system.
Who better to know the IRS audit procedures and policies than former agents and managers.  As a result of our years of experience we know the best tax strategies, best tax solutions and best settlement policies  to help you through your IRS audit.
We also have on staff a former IRS appeal agent of 25 years who can help cover any issues  we feel that the Internal Revenue Service is treating our clients in an unfair manner.
Contact us today for an initial tax consultation. We handle all individual, business, and corporate tax audits.
We have over 206 years of professional tax experience and we are A+ rated by the Better Business Bureau.
We have been practicing right here in South Florida since 1982.
Common Question asked of IRS Tax Audits for Business or Corporations

• Where will the audit be held?

It depends on the type of audit being conducted. There are two types;
1. Audits by Mail/Correspondence Audit: Some audits are conducted entirely by mail. If the audit is conducted by mail, you will receive a letter from the IRS asking for additional information about certain items shown on the tax return such as income, expenses, and itemized deductions.
2. In-Person Audits are audits conducted either at a local IRS office or at your business location.

• Can you request the audit be conducted at the IRS office instead of at your place of business?

If the audit has been scheduled to be conducted at your location, it will generally be conducted where the books and records are located. Requests to transfer the audit to another location, including an IRS office, will be considered but may not be granted. Treasury Regulation 301.7605-1(e), Time and place of audit, discusses the items considered when a request for a change in location is made.

• Can the audit be transferred to another IRS office?

You can request a transfer of an audit if you have moved. Several factors will be considered such as your current location, the location of the business and where the books and records are maintained.
If the audit is by correspondence, you can request a face-to-face audit because the books and records may be too voluminous to mail.

• How long should the records related to a business or other long-term asset be kept?

In the case of an asset, records related to the asset should generally be kept for as long as you have the asset plus three years. If the asset was exchanged, the basis for the new asset may include the exchanged asset so the records for both assets will need to be retained until the new asset is disposed plus three years from the file date of the tax return for the year of disposition.

• How long should payroll records be kept?

In general, payroll records should be kept for six years with a review of the file to see if any items relating to current employees should be retained with current records.

• After an auditor completes the audit, will the case be reviewed to ensure the audit results are correct?

All cases may be reviewed by the auditor’s manager either during the audit or upon completion. If errors are noted by the manager, the auditor will contact you to advise you about the proposed correction and what impact this may have on the amount of tax due.
 

• How far back can the IRS go to audit my return?

Generally, the IRS can include returns filed within the last three years in an audit. Additional years can be added if a substantial error is identified. Generally, if a substantial error is identified, the IRS will not go back more than the last six years.
The IRS tries to audit tax returns as soon as possible after they are filed. Accordingly most audits will be of returns filed within the last two years.
If an audit is for an older year, you may be requested to extend the statute of limitations for assessment of your tax return. The statute of limitations limits the time allowed to assess additional tax. The statute of limitations is generally three years after a return is due or was filed, whichever is later. There is also a statute of limitations for making refunds.
If the audit is not resolved and the statute of limitations date is nearing, you may be asked to extend the statute of limitations date.
This will allow you additional time to provide further documentation to support your position, request an appeal if you do not agree with the audit results, or to claim a tax refund or credit.
It also allows the IRS time to complete the audit and provides time to process the audit results.
You do not have to agree to extend the statute of limitations date. However, if you do not agree, the examiner will be forced to make a determination based upon the information they currently have.
Therefore, the examiner may not be able to consider additional adjustments, such as expenses, that could lower the amount of tax due.
Contact us today for a free initial tax consultation and find out your options for IRS tax audits. You will speak directly to former IRS agents and managers who have over 60 years of working tax audits for the Internal Revenue Service.

Tax Audits – Business, Corporate – IRS & State – Miami, Ft.Lauderdale, West Palm Beach