Tax time can be stressful for many individuals and businesses. While filing taxes correctly can feel like a weight off your shoulders, the fear of an audit can still loom over your head. That’s where taxable audit defense comes in. In this article, we will explore what is essential to have this type of protection in place. We will also discuss Creative Tax Solutions, a professional tax solutions company in Lantana, FL, that offers services.

What is Taxable Audit Defense?

Type of service that provides assistance to taxpayers who are facing an IRS audit. It is typically offered by tax resolution firms or tax attorneys who specialize in tax controversy and litigation. services can include:

  1. Audit representation: A tax professional will act as your representative during the audit process, communicating with the IRS on your behalf and providing guidance and advice.
  2. Document review: Your tax professional will review your tax returns and supporting documentation to ensure that everything is in order and that you have the proper documentation to support your claims.
  3. Negotiation: Your tax professional will work to negotiate a settlement with the IRS that is favorable to you, potentially reducing your tax liability or penalties.
  4. Appeal: If the IRS does not accept your settlement offer, your tax professional can help you appeal the decision.

How do I find out if my Tax Return has been flagged?

It is important to respond promptly to any notices or requests for information from the IRS to avoid further penalties or consequences. The IRS may conduct reviews or audits as part of their normal procedures to ensure compliance with tax laws.

Taxable Audit Defense

Type of insurance or protection that taxpayers can purchase to defend against an IRS audit. If the IRS decides to audit your tax return, can provide you with a team of tax professionals who will work on your behalf to protect your interests. This team may include attorneys, enrolled agents, or other tax professionals who are knowledgeable about tax laws and regulations.

Team will review your tax return, gather any necessary documentation, and work to negotiate a settlement with the IRS on your behalf. This can help reduce the stress and burden of an audit, as well as potentially save you money by minimizing any penalties or fines.

Audit Protection Services

If you are in need of, Creative Tax Solution is a professional tax solutions company that can help. They offer a variety of tax services, including audit representation and defense. Filing taxes can be a stressful experience for many individuals and businesses. That’s where comes in. a type of protection that can provide peace of mind, reduce stress, and potentially save you money.

How Does Audit Defense Work?

When you purchase a taxable audit defense, you typically pay an annual premium that covers the cost of the protection. The team will work to negotiate a settlement with the IRS that is favorable to you.

Tax Attorney Near Me

Tax attorneys are legal professionals who specialize in tax law. They are uniquely qualified to provide guidance and representation in tax-related matters, including IRS audits. In tax attorneys play a crucial role in defending taxpayers against the IRS and working to negotiate a settlement that is favorable to the taxpayer.

When you purchase, a team of tax professionals is assigned to your case. This team may include attorneys, enrolled agents, or other tax professionals. Tax attorneys can provide legal advice and representation during the audit process.

How far back can you be audited?

Instead, they use a variety of methods, such as computer algorithms and information from third parties, to identify potential issues and select returns for examination.

  • The IRS generally audits tax returns filed within the last three years
  • The statute of limitations for an audit can be extended in certain circumstances
  • If the IRS suspects underreported income by 25% or more, they can audit returns filed within the last six years
  • There is no statute of limitations if the IRS suspects a fraudulent tax return was filed
  • If a taxpayer fails to file a tax return, there is no statute of limitations and the IRS can initiate an audit at any time
  • The IRS uses various methods, such as computer algorithms and third-party information, to identify potential issues and select returns for examination
Taxable Audit Defense in West Palm Beach, FL-Creative Tax Solutions

Do I need an attorney for an IRS audit?

Whether you need an attorney for an IRS audit depends on your situation. While an attorney who is experienced in tax law can provide valuable guidance and representation during the audit process, it is not always necessary to hire one. However, for more complex audits, such as those involving a significant amount of income or multiple issues, it may be beneficial to hire an attorney.

IRS Audit Defense in West Palm Beach FL

Taxable Audit Defense can be a costly and stressful process, but can help mitigate these costs in several ways a valuable service that can save you money in the long run and provide peace of mind during a stressful time. Creative Tax Solutions is a professional tax solutions company that serves the residents of Florida that can provide you with the other tax services you need. Contact them today!

Creative Tax Solutions LLC

826 N Dixie Hwy, Lantana, FL 33462

561-536-4450