Tax Expert support for notice and audits
We have observed that the majority of taxpayers are receiving notices, audits, or inquiries from the IRS and state income tax departments asking them to pay penalties and interest on filed tax returns. The consultants who have assisted taxpayers in filing tax returns are also not approachable because the majority of tax consultants only work during tax season. Whether or not they submitted tax returns with USTaxHub, we have acknowledged their concerns and have been assisting taxpayers without charging any fees.
According to US tax rules, IRs and state income tax offices are well within their rights to audit or review the last six years' worth of individual and business tax returns filed by taxpayers to ensure that they are filing the correct tax returns in accordance with US tax regulations. The IRS demands evidence.
That the data provided to the authorities is true and correct.
The tax authorities use a number of techniques, such as manual screening and software to screen each tax return as part of its routine inspection, to find irregularities on filed tax returns. Once the tax returns have been selected for audit, an examination auditor will carefully review them to look for any discrepancies and then notify the examination department to send the tax payers a notice of audit or inquiry, depending on whether the error on the tax returns was made intentionally or accidentally.
According to recent tax industry news from the United States,
- Less than 10% of CPAs are engaged in representational work
- Only 2% of registered agents are engaged in representation work
- The majority of attorneys practice in trusts and estates, but not in representation, collections and probate.
In the USA the taxpayer has 30 days to respond to the notice, either locally or through an online source at a cost of $300 to $900 per hour for taxpayer support or resolution. Because CPAs (Certified Public Accountants) and EAs (Enrolled Agents) are busy or interested in doing what they love, tax professionals in full-time business can take a long time to respond to IRS notice.