On behalf of Silver Tax Group posted in IRS Tax Audits on Sunday, January 22, 2017.
Florida has more IRS offices than all but four other states, and many of these offices are in South Florida. That alone makes it more likely that Florida residents and Florida businesses will be selected for an in-person IRS audit (called field audits) or face other issues with the IRS.
The IRS is the largest collection company in the country, and they are very good at what they do. With so much at stake and the IRS coming for you, you need to get on equal footing with the IRS and their tax agents in Florida. The only way to do this is to hire an experienced tax firm to help you navigate your tax issues as efficiently as possible.
At Silver Tax Group, we’ve helped a wide range of individuals and companies in South Florida fight off the IRS and minimize their tax liability. Just a few of these clients include:
- Individuals with back tax issues
- Professionals (doctors, dentists, other health care providers)
- Small and medium-sized businesses
- Family-owned businesses
No matter who you are or what your tax situation involves, when the IRS sends you notice of an audit or comes after you for any other tax matter, contact us immediately. The IRS has an entire team on their side, so you should too!
The Odds Are Not In Your Favor If You’re Audited In Florida
Tax audits in Florida are even more serious than you think, especially for business owners; 70 percent of field audits of corporate returns resulted in additional tax, and the additional amount requested averaged $471,505! Individuals don’t fare much better, as in-person audits often result in more than twice as much additional tax being added than for those who are audited via the mail (known as correspondence audit).
Mail audits are serious in their own way, and they often result in tens of thousands of dollars of additional tax for both individuals and business entities.
If you’re facing any type of audit, you’re in more financial danger than you might think. Let us help you analyze the situation, understand your options, and find a way to minimize the damage that an audit causes to your finances.