Small Business Audit Representation
One of the most challenging situations a small business can owner can face is receiving a notice that an audit irs investigation is underway for their business. The responsibility to make sure that a business complies with all tax laws lies solely on the shoulder of the business owner.
Everyone knows that audit irs notices can be completely unsettling. If you receive notice of an audit do not panic. You need to immediately seek out the protection of a professional tax attorney for assistance. An audit is not an accountant’s strong point so you are encouraged to hire a tax attorney once you have been audited.
Once your business receives an audit irs notice you need to formulate a game plan. The first step of this plan should be to look for a top-notch tax attorney to handle your case. Look for a tax attorney that has successfully defended small businesses like yours and that is committed to providing their customers with a high level of protection and expertise.
And if worrying about being audited by the federal government isn’t stressful enough, your business must also make sure that it is in compliance with all of the tax laws that are mandated by your state.
If you own a business in the state of California you must make sure that you comply with all of the California sales and use tax laws that apply to your business. These laws have proven to be a thorn in the side of many business owners who have trouble interpreting them.
To be in compliance with the California sales and use tax law businesses must make sure that they understand the law and that they keep documentation recording their compliance.
Even if you know that you are in compliance, you must maintain thorough records and bookkeeping to furnish as proof if you ever are audited by the state. The burden of proof lies with the business owner if you are audited or found to be in violation of the California sales and use tax.
Once you receive notification of an audit you must contact a tax attorney for representation. They will provide you with the level of protection and expertise that your business deserves.
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