How to Prepare for the IRS AUDITS?

Good Decisions come from ACCURATE DATA!

 

Wondering about the chances that the IRS will audit your tax return? Audits will increase this year as the IRS received $80 billion in extra funds over 10 years, with $45.6 billion of that money to be used to hire new IRS Auditors.

 

NOBODY SHOULD BE AFRAID OF AN AUDIT

Take these 3 Simple steps to prevent an IRS audit: 

 

Proper Documentation.

If you have the proper documentation for your deduction, loss or credit, don’t be afraid to claim it. Don’t ever feel like you have to pay the IRS more tax than you actually owe.

 

Tax Planning.

A year-round tax system and financial compliance will minimize your tax liability for the following year and costly mistakes, including an IRS audit, penalties and fines.

 

Match the TAX LAW roadmap incentives.

Do not take positions that are questionable. Match your business activities and strategies with the government incentives. If you take advantage of incentives, and prepare your business for that, you will save and earn substantial amounts of money. 

 

“Success does not consist in never making mistakes but in never making the same one a second time.” 

-George Bernard Shaw

 

Stress Less. Grow More

 

 

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