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The following tips can
help you avoid IRS Problems:
1.
Avoid math errors. Have a professional prepare a
clean and neat return.
2.
Avoid Schedule C. Sole proprietorships are the most
highly audited return filed. If you cannot avoid Schedule C,
then be careful of deductions that raise audit flags. These
items include large amounts in automobile expense, meals and
entertainment expense, and depreciation of personal use
items such as computers or automobiles. Taking an aggressive
approach on these items may not be worth the risk of audit.
3.
File your return on time. Avoid extensions of time if
possible. If you are already late, get the return filed as
soon as possible, and pay off your tax quickly. You will
reduce IRS penalties 4 1/2 % per month by filing quickly
even if you cannot pay right away.
4. Explore the possibility of abatement before
paying IRS penalties.
Don’t pay the IRS until you talk to
us.
FREE ½
Hour Initial Consultation:
For a free consultation on avoiding or
eliminating IRS problems please contact us by phone or by
mail at the addresses listed below:
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