An IRS audit can be an intimidating prospect for anyone. At Krus Tax Law, led by CPA tax attorney Michael Krus, Esq., we are committed to helping you navigate these tricky waters. With over 20 years of experience as a tax lawyer and licensed CPA, Michael has developed strategies to help reduce the risk of an IRS audit. Here are some valuable tips.
Tips For Reducing Your Risk Of An IRS Audit
Accurate Reporting
Accurate reporting is essential in reducing your risk of an IRS audit. Always ensure that your income and deductions match your supporting documents. As an experienced tax attorney, Michael can guide you through the process of accurate reporting to avoid discrepancies that could trigger an audit.
Reasonable Deductions
While it's important to take advantage of tax deductions, excessive or unreasonable deductions can raise red flags. Michael, as a licensed CPA, can help you understand what constitutes a reasonable deduction and how to maximize your benefits without attracting unnecessary attention.
Timely Filing
Timely filing of your tax returns is crucial. Late submissions can increase the risk of an audit. At Krus Tax Law, we can assist you in staying organized and meeting all relevant deadlines, making the filing process less stressful.
Professional Assistance
Enlisting the help of a professional CPA tax attorney can greatly reduce your audit risk. Michael Krus, with his dual background as a tax lawyer and CPA, can offer expert advice and a thorough review of your tax filings to ensure they comply with IRS rules.
We Can Help
Navigating the complexities of the IRS can be overwhelming, but with expert guidance, you can reduce your risk of an audit. Don't go it alone. Reach out to us today, and let our experienced IRS tax lawyer, Michael Krus, Esq., CPA, help guide you through the process with confidence. Your peace of mind is our priority. Krus Tax Law is here to help you!