Federal Tax Audit Help For Taxpayers Facing IRS Audits in Bergen County, Camden County, Essex County, and Throughout the State
Every year, the IRS chooses a number of income tax returns for audit. Some income tax returns are selected randomly. Others are selected as part of a compliance testing program. Some are selected because of a problem that may have been noted by the IRS. Whatever the reason for your selection, this is not the time to panic. You should instead get in touch with Scott Schneider at XL Consulting, LLC for IRS audit assistance in New Jersey.
Tax audits can be time-consuming, complex, and stressful. It helps to have an experienced tax professional on-site to guide and support you through the audit process. Scott Schneider has the experience and skills to help secure the best results from the audit. Having worked as a revenue agent with the IRS for several years, he has a unique view of tax audits and an in-depth understanding of tax laws and regulations. You can rely on him to defend your best interests and fight for the best outcome.
Contact us today to schedule a free consultation with tax consultant Scott Schneider and learn about your rights, options, and what to expect.
Contact Scott Schneider at XL Consulting, LLC to Find a Solution to Your Tax Issue Today.
Types of IRS Audits
The IRS carries out different types of audits and they are performed at different locations. While all IRS audits ought to be taken seriously, the location of the audit will tell you how severe the audit is. The following are some of the most common types of IRS audits.
Correspondence audit
This is an audit that is done via correspondence. This means that you will most likely not meet the revenue agent performing the audit. These are usually the least severe type of IRS audits. They are often requested as a result of missing documents on your tax return. You will be contacted by the IRS Service Center and requested to submit copies of receipts or canceled checks. This is done in order to verify deductions on your tax returns. These audits are often only carried out for simple tax returns. The documents can be submitted through mail, hence the term correspondence audit.
Office audits
If you have received a notice for an office audit, there is probably a need to verify or identify specific items that appear on your tax return. There may be some questions that have been raised about specific items on your tax return. In this case, you will be required to visit your local IRS office. You will be requested to bring specific documents such as your bank records for closer examination at the IRS office. Revenue agents will be looking for anything that you may not have disclosed on your tax return such as unreported income.
Field Examinations
Field examinations, also known as on-site audits, involve the IRS conducting audits at your designated location, such as your office or business premises. This rigorous form of examination is considered highly significant. A dedicated team of revenue agents will personally visit your site to thoroughly review your documents and records. Field examinations frequently entail a meticulous review of your past tax returns.
If you have received notification of an IRS audit, reach out to XL Consulting, LLC for professional assistance. Tax practitioner Scott Schneider will guide you through the process, ensuring you understand your rights and are well-prepared for what lies ahead.
Do You Have a Tax Problem? Are You Facing Tax Liabilities That Amount to More Than $50,000? Get in Touch Today to Schedule a Free Initial Consultation With Tax Practitioner Scott Schneider of XL Consulting, LLC.
Contact Scott Schneider at XL Consulting, LLC for IRS Audit Assistance in New Jersey
Facing an IRS tax audit can be scary. It is especially daunting when you don’t understand the process, your rights, or what issues the IRS may be looking into. Get professional federal tax audit help from Scott Schneider at XL Consulting, LLC. Having a professional supporting and guiding you through the process can help you secure a better outcome and alleviate the stress and many of the risks often associated with an audit.
Contact us today to schedule a free initial consultation with licensed-enrolled agent Scott Schneider. He will be glad to review your case and explain your rights and options to you.