When you receive a letter from the IRS stating that your tax returns are selected for an audit, there is no reason to panic. An IRS Tax Audit is a review of your tax returns to determine its accuracy and authenticity. It usually leaves even an honest tax payer stressed out and unnerved. But there is no major cause for concern if you are truthful in submitting your tax returns. The people who receive letters from the IRS stating an immediate submission of their tax returns will usually cheat when filing their tax returns or demand a lot of tax deductions. The good news for all honest filers are that if you have taken the necessary steps in filing your taxes on time and in an accurate manner, there are chances that the audit will get concluded in a few hours time.
How to resolve tax filing errors
However if the errors made by you are intentional or if you had made mistakes like omitting your actual income and miscalculating the right amount, it’s time to seek professional help from experienced business accountants. In this case, you will be off the hook from any fines or penalties imposed by the IRS. Cirimelli, Pyle and Associates in San Jose have the best business accountants working for them who will give you the right advice and guidance on how to go about filing your taxes without any problems from the IRS. For tax help and assistance, feel free to mail them at cpa@cpasllp.com or visit their corporate website at www.cpasllp.com for more information.
If you have received any notification from the IRS and you prefer to let a professional handle it, then you can contact Cirimelli, Pyle and Associates in San Jose to do the job in a quick and efficient manner. It is always better to bring along a professional to the audit directly to resolve the situation in an amicable manner.
0 Responses to “What is an IRS Tax Audit?”