THREE THINGS IRS AUDITORS LOOK FOR
1) DID YOU REPORT ALL OF YOUR BUSINESS SALES OR RECEIPTS? If you know that you "forgot" to report significant business income - $10,000 or more. I'll strongly advise hiring Advance Tax Relief (800)790-8574 or contact your tax pro. For your own safety, remove yourself the process all together because if the IRS AUDITOR find this kind of income and it looks intentional, the Auditor may call the IRS Criminal Investigation Team. Trust me, you don’t want your case getting forwarded for criminal investigation.
2) DID YOU WRITE OFF PERSONAL LIVING COST AS BUSINESS EXPENSES?
The IRS knows that every small-time operator has likely claimed a personal expense as a business one. For little things, the IRS won’t get too excited. But if like for example, you deducted $2000 in repairs on your motor home during a trip to Yellowstone National Park. An IRS Auditor may figure this out by looking at your credit card statements- and disallow it, with tax penalties added to your tax bill.
3) IF YOU HIRE PEOPLE YOU CALL "INDEPENDENT CONTRACTORS" ARE THEY REALLY EMPLOYEES?
Auditors are always on the lookout for employees misclassified as Independent Contractors.
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We are tax relief experts specializing in IRS back tax help, Installment Agreements, tax lien help, wage garnishment release, IRS Offer in Compromises and a whole lot more. Get a free consultation from an experienced tax relief expert today (800)790-8574 or visit our webpage www.advancetaxrelief.com
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