If you receive a letter from the IRS questioning your tax return the burden of proof for your income and deductions in on you.
If you can substantiate your income and deductions and you can prove it, the whole audit will be over very quickly.
Get a free consult.
The best you can hope for is to have the IRS accept your tax return as you originally submitted it or in IRS speak, a no-change audit.
If you receive a letter from the IRS questioning your tax return, the burden of proof for your income and deductions in on you. If you can substantiate your income and deductions and you can prove it, the whole audit will be over very quickly.
You must do your best to come up with the bank statements, canceled checks, receipts, and credit card statements to prove what you put on your tax return.
Get a free consult.
Sometimes there is some middle ground where the IRS will accept a “reasonable” deduction under the Cohan Rule.
George Cohan was a famous theatrical figure who was audited in the 1930s. The court ruled that it was unreasonable for the IRS not to accept at least a partial deduction. A full deduction is always better than a partial deduction.
We do our best to substantiate all of your deductions to the auditor. The IRS will back down quickly once you prove you do not owe them additional money.
If you cannot prove your deductions things can go terribly wrong for you. If a deduction is disallowed in one year the IRS may backtrack and disallow that same deduction for other years as well.
Get a free consult.
It is in your best interest to have a qualified professional represent you at your interrogation.
We know how to satisfy the auditor as to the legitimacy of your tax return. You do not even have to be present. It is usually better if you are not there.
You probably do not know tax law as well as a professional who specializes in tax work. Anything you say can and will be used against you.
Get a free consult.
We will need your help to resolve your audit.
First it is important that we carefully review the letter the IRS sent you. These letters specifically state what documents the IRS wants to review. We will need to do a very thorough job in determining exactly what records will substantiate your return and bring a close to the audit.
Be careful to stay on track. Only provide documentation the IRS has requested. Sometimes they will want additional items to close your case. Any requests for additional information should be made in writing and presented at a second meeting.
Many audits can be resolved in one meeting – if all of the proof is concise and well organized.
Get a free consult.
You get you a larger refund when we find the legitimate business deductions that are often overlooked… Unless you like giving your extra money to the government.
Understand your tax return with a tax preparation specialist that will explain the process in a thorough, easy-to-understand way.
If you are not happy with our work and you decide not to file the return we prepared for you, we will not charge you.
I spoke with several other CPA/Tax Preparation services before finally selecting Randy and ABC Tax Service. The day of my appointment Randy was on time, pleasant and thorough. He explained every step of each of the returns he filed for me and was very helpful in answering all my questions.
work, save, and plan for retirement.
We have complex tax returns every year, and every year, since moving to San Diego, we have trusted this tax preparation service with our complicated returns. Very personable/professional staff and phenomenal knowledge of tax law.
My wife and I have been using ABC Tax Service for nearly 20 years. Randy is the only person I will trust to do my personal taxes.
Randy prepared the returns for my brother-in-law and his Trust, for which I am the trustee, in less than a week.
Randy was awesome. I set up an appointment online as a new client. Even with the closures due to COVID-19, Randy guided me through an online process and had my taxes processed in a couple of hours.
Randy Ames, owner of ABC Tax Service, San Diego
The best you can hope for is to have the IRS accept your tax return as you originally submitted it or in IRS speak, a no-change audit.
If you receive a letter from the IRS questioning your tax return, the burden of proof for your income and deductions in on you. If you can substantiate your income and deductions and you can prove it, the whole audit will be over very quickly.
You must do your best to come up with the bank statements, canceled checks, receipts, and credit card statements to prove what you put on your tax return.
Sometimes there is some middle ground where the IRS will accept a “reasonable” deduction under the Cohan Rule.
George Cohan was a famous theatrical figure who was audited in the 1930s. The court ruled that it was unreasonable for the IRS not to accept at least a partial deduction. A full deduction is always better than a partial deduction.