Taxes have been filed and you get that dreaded phone call. The IRS or some other franchisor is auditing your financial records. This is everybody’s worst nightmare as the auditing process can be incredibly confusing and intimidating. You have no idea where to even begin and feel like you have nobody to turn to. This doesn’t have to be the case. Mr. Steve Whyte of Whyte & Associates Inc. in Rancho Cucamonga, CA is here for you and would love to be in your corner as you are going through the auditing process. Whyte & Associates offer a wide range of services meant to benefit those going through the auditing process and understand that you need the assistance and representation necessary to make it through this often-burdensome process.
It’s great to have a group like Whyte & Associates with you as you go through the auditing process, but it’s important to understand that there are ways you can minimize the risk of ever being audited in the first place.
When you are preparing your tax documents, it’s important to check and then double-check all your numbers. Errant math is one of the easiest ways the IRS can single in on an individual for a tax audit. It is the number one reason people in the U.S. face a tax audit. This is a shame because math is something that each of us has complete control over but, for whatever reason, we can fail to send in factual numbers. There are professional tax programs out there that will even do the math for you.
When filing taxes, it does not pay to stand out. The IRS is constantly on the lookout for any patterns which deviate from the norm and will single you out if possible. If you are entering truthful tax information, make sure you have supporting documents and proof which can back this data up. That way, when the IRS comes calling, you have absolute proof that you are being truthful.
When filling out your tax forms, you need to double-check that all SSNs are entered correctly for any represented parties including dependents. It’s all too easy to transpose a digit or to incorrectly recall a number when you don’t have it in front of you. Make sure and recheck this before submitting it.
Make sure you are entering correct SSNs for all parties you are filing taxes for including dependents. It’s very easy to switch a number or recall one incorrectly, so make sure and check again before submitting it.