All You Want To Know About IRS Tax Audit Representation

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It is pretty hard for you or for your business to get audited by the “IRS”. To help you in the case, you can appoint a known entity to represent your tax audit case. There are a few important things that you need to consider when planning to hire someone for your audit representation.

What are the options one has to represent them in their tax audit case?

For an IRS tax audit, a person can represent himself/herself or take the help of a chartered accountant, tax preparer, a licensed CPA (Certified Public Accountant), or a tax attorney.

What is the role of a representative?

A representative is a person who is experienced in audit representation. He uses his years of experience, knowledge and skills to reduce your exposure to negative adjustments made by the IRS auditor.

He is well aware of the type of proofs that are acceptable to act as support. He possesses effective bargaining skills to negotiate with the auditor to agree on specific documentation and eliminate tax penalties if the taxpayer signs the audit report.

What qualities do you look for when selecting a representative?

When choosing a representative, below are the qualities that one should give priority to:

  • Reliability
  • Knowledge
  • Licensed and certified
  • Experience

Conclusion

It is an unpleasant experience to get an intimation letter for tax audit by the IRS. Hiring a reputed representative for your business can relieve you from worries and bring favourable audit results.

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