It can be terrifying to get news that you’re going to receive an IRS Audit in NYC. In most cases, an audit only occurs when the IRS determines that there is something unusual or downright wrong with your tax returns. As an individual, this can be disturbing; as a business owner, this news can be disastrous. If the IRS determines that your company is trying to cheat them in some way, they can levy fines that could put you out of business. That’s why it’s important to have a CPA manage all of your taxes.
If you want to avoid an IRS Audit in NYC in the first place, then you should start by having a CPA do your taxes for you. In many cases, they will guarantee that your tax return will be accurate. What’s more, a CPA is up to date on all of the tax laws, which ensures that you are completely compliant when you file your taxes.
If you are using an CPA, it’s important that you provide them with all of your receipts and paperwork associated with your personal life or your business – whichever you are using a CPA for. This is the only way to ensure that an accurate tax return can be prepared for you. What’s more, if you do have an IRS Audit in NYC, then your accountant will already have all of the necessary papers to show that you’re compliant with all of the tax laws.
Choosing the right CPA is a must if you want to make sure your taxes are prepared correctly. This is particularly true for a business that needs to ensure that a variety of different taxes are paid correctly throughout the year. The right accounting firm can help with payroll taxes, employee taxes, business taxes and more. These are certainly things that you don’t want to have to figure out yourself – especially considering if you do it wrong. The excuse “I didn’t know” isn’t acceptable to the IRS.
If you’re looking for a good accounting firm in NYC, then visit C York, CPA. Learn for yourself how having an accountant on your side can make the difference when it comes to tax time.
