Nothing strikes fear in the hearts of people more than receiving an IRS Audit letter in the mail. Audits take significant time away from your business and family, requiring you to gather mounds of records substantiating each and every item reported on your tax return and develop a comprehensive understanding of tax law.
The IRS leaves no stone unturned in its mission to determine the accuracy of your tax return. If you don’t comply with the Auditors’ wishes, the IRS will recalculate your tax and send you home with a hefty tax bill as your parting gift.
Many taxpayers decide to handle a tax audit themselves, and discover they may have been “penny wise,” avoiding a representative’s fee, but “pound foolish,” because they received a substantial bill for a significant tax deficiency.
You see, IRS Auditors are trained to extract more information from you than you have a legal obligation to provide. IRS Auditors know that most people fear them and are ignorant of their rights. As a result, they know they can use that fear and ignorance to their advantage.
Rarely do our clients even have to talk with the IRS. We handle it all for you so that you need not take time off of your business or job to handle the bureaucracy and paperwork of the IRS. No lost wages or business. You simply forward notification of an audit to us and we handle it from A to Z.
If you’ve received an audit notice from the IRS, please usse the contact form below to receive a Tax Consultation with our tax specialist.
Testimonials & Success Stories
“Unknown to me, my accountant did not file our taxes correctly. I ended up owing the IRS over $98,000. I found out about the errors when the IRS threatened to freeze the funds in my account. After calling Fast Tax Resolution, I was able to make arrangements with the IRS and keep my businesses running smoothly. It ended with me owing nothing to the IRS.”
“Thank you, Kevin! Without your help, I would still be struggling with debt that wasn’t even mine!”
“The Fast Tax Resolution team helped me save thousands of dollars in interest and penalties. Without their team, I would have a bank levy and assets seized! I recommend this professional and knowledgeable company to anyone that needs a solution for their tax problems.“
Frequently Asked Questions
What should I do if I can’t pay my tax bill in full?
If you can’t pay your tax bill in full, you can apply for an installment agreement with the IRS. This allows you to pay your taxes over time. It’s important to contact the IRS as soon as possible to avoid penalties and interest.
What happens if I file my taxes late?
If you file your taxes late, you may be subject to penalties and interest on any unpaid taxes. The penalty for filing late is typically 5% of the unpaid taxes for each month or part of a month that your return is late, up to 25% of your unpaid taxes.
What should I do if I receive a notice from the IRS?
If you receive a notice from the IRS, don’t panic. Read the notice carefully to understand the issue, and follow the instructions provided. Often, it’s a simple request for more information. If you disagree with the notice, you can contact the IRS or seek help from a tax professional.
How can I avoid an audit?
While there’s no guaranteed way to avoid an audit, you can reduce your chances by ensuring your tax return is accurate and complete. Double-check for errors, report all income, and keep detailed records and receipts to substantiate your deductions.
Can I deduct my home office expenses?
Yes, if you use part of your home exclusively and regularly for your business, you may be able to deduct home office expenses. The IRS allows for a simplified deduction method or an actual expense method, depending on which is more beneficial for you.
Can I claim a deduction for charitable contributions?
Yes, you can claim a deduction for charitable contributions if you itemize your deductions. Ensure that the charity is a qualified organization, and keep receipts or acknowledgment letters for donations. Contributions of cash or property may be deductible, subject to certain limits.
Our Mission
Founded by a law enforcement veteran, we are committed to optimizing your deductions, offering year-round tax advice, and delivering powerful audit representation.
Our dedication to ongoing education ensures that you receive the most current and comprehensive tax strategies, helping you secure the financial benefits you deserve. At PoliceTax, we stand as your trusted partner, always ready to back you up.
