Small Business Tax Audit Help
Don’t Face The Tax Man Alone!
Did you know that business owners who file Schedule C (Form 1040) are more likely to get audited? This is due to the frequent discrepancies and errors found on this form. The IRS and state tax authorities also pay close attention to cash-intensive and highly profitable businesses.
Fortunately, if you’re facing a business tax audit, you don’t have to do it on your own. The tax professionals at Business Tax Relief can help you navigate the audit process and negotiate with the IRS or state on your behalf. We’ll work hard to keep your tax liability to a minimum and protect your assets.
To learn more about our audit services, give us a call today!
Business Tax Audit Help
Is your business under scrutiny from the IRS or state tax authority? We can help with:
- Correcting past returns
- Responding to inquiries
- Evaluating tax relief options
- Protecting your assets
- Filing audit appeals
You can rest easy knowing our team is in your corner and fighting for you!
Sales Tax Audit Help
If your business is undergoing a sales tax audit, you’ll want an experienced tax professional on your side.
At Business Tax Relief, we’ll help negotiate the terms of your audit and keep auditor access to your business to a minimum. We’ll also handle all correspondence and work to limit any impacts on your bottom line. Our job is to make your audit as painless as possible.
Tax Audit Red Flags
Worried that your small business may be at risk for an audit? Be sure to review these common tax audit red flags to reduce your chances of being selected for one.
Commingling
Mixing personal and business expenses can quickly lead to an audit.
Late Filings
Repeatedly missing filing deadlines can put your business at risk for a tax audit.
Multiple Losses
Although losses are not uncommon, claiming them for multiple years can raise red flags.
Excessive Deductions
Large write-offs can attract unwanted attention from the IRS.
Misreporting Income
Rounding up, averaging, or failing to report income is a no-no.
Large Cash Transactions
Businesses that deal mostly in cash tend to trigger audits for fear of underreported income.