Your IRS & State Guide!
The IRS has a broad authority to examine tax returns. They send over 200 million notices a year. Receiving a notice does not always indicate a problem, however the notice should be reviewed by a tax professional.
An understanding of the rights and responsibilities of both taxpayers and the examining agent can help reduce the scope of a tax audit or examination and can lead to a more favorable disposition. Wattay Accounting offers experience and advice to help avoid questions by the IRS.
In the event the IRS or state taxing authorities do come calling, we have the expertise you can benefit from. We will consult and develop alternative solutions to various red flags so that taxes and/or penalties can be minimized.