If your business receives an audit from the Internal Revenue
Service, you will probably want to employ an attorney as soon as possible.
Government agents will just provide you with a little window of time in order
to get all of your documents ready and to provide them with all of the
information that they want. You need a tax audit lawyer that
specializes in assisting business organizations that are audited.
As the proprietor of a business you will want to defend your
investment as much as you can. By doing so, you will need to hire a pro when it
comes to affairs as serious as a tax audit. The IRS will send auditors out to
your business and have them begin going through your paperwork. It is your
responsibility to ensure that all of your papers is there and that it has been
filed properly. Your tax audit lawyer will aid you to organize all of your
paperwork and to make a point that you're not missing any vital records or
documents.
Should your attorney discover that you're missing some key
documents, they will assist you to get them together and furnish them to the
IRS prior to you're found to owe back taxes. You don't wish to mess with the
Internal Revenue Service, if you are got to owe back taxes the Internal Revenue
Service can seize your holdings and everything inside of your business in order
to recuperate what is owed to them. This is a ordeal that no well-intentioned
business owner should ever have to undergo.
This is one of the reasons why it is so important to call a
attorney at the first mention of an audit. It is even possible to have a tax
attorney professional come into your company and look through your bookkeeping
before you ever even get audited as a easy way to ensure that everything is
being filed the right way and that you have all of the crucial documentation
that you need organized.