Home » Banking and Financial Articles » Blue Tax Takes the IRS Head-On and Smashes an Audit to Smithereens!
Blue Tax Takes the IRS Head-On and Smashes an Audit to Smithereens!
Tax Payer Doesn't Make the Mistake of Taking on the IRS Alone!
LOS ANGELES, CA, August 09, 2011 /Banking and Financial PR News/ -- An IRS audit is one of the most frightening experiences any taxpayer will have to go through. Not only is it stressful, it can end up being very expensive, especially if you don't have the right representation to guide you through it.
Manolo (San Mateo, CA) came to Blue Tax with an active IRS audit for 2008 and 2009. The IRS was claiming he owed a little over $200,000 in unpaid taxes due to the audit. Manolo was certain this was inaccurate and, exasperated, asked Blue Tax to help dispute the findings.
The experts at Blue Tax took one look at Manolo's books and they could see that his record keeping habits were a mess. Rather than keeping track of income and expenses on a spreadsheet, like many taxpayers he had several large boxes of receipts. There was no clear organization and no direction as to where to start. Even considering all of this, the Blue Tax team didn't bat an eye - they just dug in to get started.
The first order of business was to tally all the expenses that were questioned on the client's schedule C and put together a clear report for audit officer. The Blue Tax team was successfully able to organize all of the receipts and help the client locate additional receipts. They put together reports for each expense on the client's schedule C for 2008 and 2009 and provided acceptable explanations for all of the expenses.
The client was protected throughout the audit. Once the audit was complete, the client's additional tax liability was brought down from over $200,000 to $18,992! This was a savings of over 90%! Manolo was thrilled with the results, knowing that he could not have done it without the team at Blue Tax!
For more information about Blue Tax and its ability to help taxpayers resolve their tax problems, please visit www.BlueTax.com or call (888) 310-5858 for a free confidential consultation.
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Blue Tax
Blue Tax
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USA 90010
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