You’re being audited – ugh! Besides being time-consuming and stressful, auditing can have additional costs if you hire professional tax help to see you through this difficult time. But it’s very much worth it to get a well-trained person’s knowledge about the process. Here’s why.
You have a right to representation
If you’re audited, you don’t have to “go it alone.” You have a right to representation, similar to being in court. If your accountant is a CPA (Certified Public Accountant) the IRS (Internal Revenue Service) allows them to speak and present information on your behalf.
You have a right to protection
Similar to your right to representation, a tax professional can make sure that your rights are respected during the audit. They can also examine tax assessments by the IRS and double-check their calculations.
You have the right to experienced help
Most people have never been through an audit, and hope never to have to go through one. So there’s no reason why you’d be experienced in this area. That’s where a tax professional comes in. If you’re represented by a knowledgeable CPA, they can answer any questions the IRS may have for you, as well as negotiate the results of the audit.