What is audit defense

What is Audit Defense ? How to handle an IRS audit? They can help you respond to inquiries and explore your options so you won’t need to navigate it on your own. Each business offers a slightly different type of tax audit defense, but most of them will defend the taxpayer’s income and deductions and will assist the taxpayer through the appeal process.

An audit does not automatically mean that you have made a mistake or that you will owe money.

The key to navigating through an audit is a strong tax audit defense provided by a tax professional. No one wants to experience the process of an IRS tax audit alone. Your audit defense membership with TaxAudit provides expert representation for each tax return year for which you have a membership. We will handle all communications with the IRS or state tax authority on your behalf — from the first notice to the resolution of your tax matter. Audit protection is an add-on service provided by some tax filing companies.

They guarantee that a certified tax professional will help you understand communication from the IRS. They will also help you draft response letters, so you can deal with the audit efficiently. With prepaid audit defense , our professional audit representatives are with you every step of the way until your tax situation is resolved.

An individual audit defense membership is just $49. Having prepaid audit defense is the solution for tax issues that require professional expertise. For one low fee, you can have knowledgeable tax and audit experts available to defend your tax return.

For many of us, an IRS or state tax notice creates concern, confusion and questions. As a member of one of our Audit Defense Membership Plans, your name, address, and any other personal information will not be disclosed or sold to anyone else. Only our Audit and Technical staff will have access to your tax information. Audit Protection This plan will also cover you in the event that you are audited by any taxing authority, up to the appeals level.

There is no guarantee given to you relative to the outcome of any examination. Use the audit to your best advantage. Use upcoming renewals, big purchases, or quarter or fiscal year-end to build a stronger negotiation position during a software compliance audit. Once the audit is over, don’t lose momentum. Audit Defense : Audit Defense means that TaxAudit will represent you through the completion of any income tax audit for the tax return year identified on the membership certificate during the Period of Membership.

Audit notification must be received during the Period of Membership. Recovery Audit Contractors (RACs) have been tasked with the responsibility of identifying over payments in a post-payment review. Post-payment audits target not only Medicare and Medicare Advantage plans but also most Medicaid products. By following the interview questions in TaxAct, you should have no trouble preparing a complete and accurate return.

During the filing process,.

For those who want even more protection, TurboTax offers Audit Defense , which provides full representation in the event of an audit , for an additional fee. The benefits of Worry-Free Audit Support will be invaluable in the event that you need representation because the IRS questions your tax return. A Enrolled Agents are tax professionals who have demonstrated special competence in tax matters and can represent taxpayers and provide tax audit help before the IRS. With our extended service plan, tax notice support and audit representation are included for the life of the tax return, giving you the peace of mind you deserve.

Tax Audit Protection and Representation.