IRS Representation
For many business owners, there is probably nothing more alarming than receiving an IRS audit letter. It immediately sends off alarm bells that the company may have done something wrong. While worst cases are rarely realized, an IRS audit can be a complex and tedious process that many small businesses don’t have the time or resources to manage properly.
An IRS audit will often entail multiple requests for records and information, which makes going at it alone impractical. As your accounting partner, our staff and partners will represent your best interests, freeing you from responding to frequent IRS requests and questions. The experience of our staff and partners from representing numerous companies in IRS audits ensures that each IRS inquiry is responded to on time with the most accurate response putting your business in an optimal position.
Audit Representation
If your tax return has been chosen for a much-dreaded IRS audit, we can represent you in the best possible way. Our staff and partners, over the years, have successfully represented many clients, which include businesses of all sizes. Not only do we respond to all IRS requests for information, but as experienced professionals can ensure that each request is answered in the best way possible.
We can also help you understand your rights as a US citizen and taxpayer while serving as an effective buffer between the IRS and tax authorities, assuring the protection you deserve.
Letters of Inquiry
A Letter of Inquiry is, in many instances, an automated letter asking for information. However, the worst thing you can do is not reviewing the letter and not responding to it promptly. Not responding to the letter isn’t’ going to make it go away.
Our staff and partners have responded to hundreds of ‘letters of inquiry’ and will use our experience to respond to yours in the best possible way. When needed and required, we will ask for an extension to put together the required documents to be sent. However, all of this is handled with as little input from you or your team as possible.
Tax Elections
We can help you change or adopt tax elections and methods which help to eliminate or defer taxes.
Tax elections need to be handled correctly and with a lot of knowledge of what each choice can imply. However, that’s why we are best equipped with the experience and expertise to appropriately handle tax elections for many businesses.
Joey N. Friedman, CPA, ABV, M.Acc, MIB
IRS Representation Services
At Joey Friedman, we provide customized bookkeeping services that manage all aspects, including general ledgers, insurance reports, and payroll records.
Joey Friedman is well-known as a leader in his field for his knowledge, expertise and professionalism. Through a broad range of academic and real-life experience, Mr. Friedman can provide the guidance needed in a wide variety of business-related services. His ability to see each case from a variety of angles and identify the issues or inconsistencies that may need further investigation and inquiry, has made him an authority in the field. His strategic and tactical leadership has made his many businesses a benchmark for success in each of their respective industries.
FAQ
IRS representation is a professional service provided by tax experts who act as intermediaries between you and the Internal Revenue Service (IRS). It is crucial when facing tax-related issues, audits, or disputes with the IRS. With IRS representation, you have skilled professionals on your side, advocating for your rights and ensuring your tax matters are handled properly.
– IRS audit or examination
– Tax debt or back taxes
– Tax penalties and interest
– Tax collection actions, such as wage garnishment or liens
– Appeals or disputes with the IRS
– Complicated tax matters requiring expert guidance5
During an IRS audit, representation can be invaluable. Tax professionals will liaise with the IRS on your behalf, preparing necessary documentation, and guiding you through the audit process. Their expertise can help minimize potential tax adjustments and ensure your rights are protected throughout the audit.
Yes, IRS representation can assist you in negotiating tax debt relief options with the IRS. They will assess your financial situation and work with the IRS to establish a suitable payment plan, offer in compromise, or other relief programs, easing the burden of tax debt.
If you have a disagreement with the IRS over tax matters, representation can act as your advocate in resolving disputes. They will analyze your case, provide supporting evidence, and negotiate with the IRS to achieve a fair and favorable resolution.
Some key benefits of hiring professional IRS representation include:
– Expertise: Tax professionals have in-depth knowledge of tax laws and regulations, providing you with accurate and reliable advice.
– Stress Reduction: Dealing with the IRS can be stressful. Having representation relieves this burden, as professionals handle all communications and negotiations.
– Improved Outcomes: With skilled representation, you are more likely to achieve positive outcomes, such as reduced tax liabilities and favorable resolutions to tax issues.
IRS representation is beneficial for both individuals and businesses. Regardless of your tax situation, representation can provide expert assistance tailored to your specific needs, whether you’re a small business owner or a self-employed individual.
Trustworthy IRS Representation Services at Your Service
If you’re facing tax challenges or need expert assistance with IRS matters, our IRS representation services are here to help. With a team of skilled tax professionals, we are dedicated to resolving your tax issues and ensuring your financial well-being. Contact us today to secure reliable IRS representation and find peace of mind amidst tax complexities.