An IRS audit can be stressful, especially when you are unsure what records to provide or how to answer the examiner’s questions. The decisions made during an audit may affect the amount of tax, interest, and penalties you owe, so it is important to approach the process carefully.

Olympus Tax Resolution provides professional audit representation for individuals and business owners in Coral Gables and throughout South Florida. Our team can help you understand the scope of the examination, organize the requested documentation, communicate with the IRS, and protect your rights throughout the audit.

IRS audits may be conducted by mail, at an IRS office, or in person at your home, business, or representative’s office. The IRS may review income, deductions, business expenses, filing status, payroll records, asset transactions, or other items reported on a tax return.

Providing incomplete, inconsistent, or unnecessary information can create additional questions and potentially expand the audit. Before responding, we review the IRS notice and help determine what information is relevant to the issues being examined.

With proper authorization, Olympus Tax Resolution can communicate directly with the IRS on your behalf. This may reduce the need for you to speak directly with the examiner and helps ensure that requests and responses are handled in an organized manner.

If the audit results in proposed changes, we can review the examiner’s findings and explain the next steps. Depending on the circumstances, you may have the right to submit additional documentation, request reconsideration, pursue an administrative appeal, or explore payment and resolution options.

Do not ignore an audit notice or send records without first understanding what the IRS is requesting. Reach out to Olympus Tax Resolution at (833) 554-7743 to schedule a confidential consultation and discuss your audit.