Truckers Tax
audit
Services and Support
A tax
audit can be time consuming and can cause downtime from trucking as
you try to pull all the information being requested, which means
loss of income while you are busy finding and getting copies of
receipts.
It is a
fact that you will be audited at some time. However, when you
received such a notice, do not delay get help immediately, don't go
it alone.
The
audit letter could state that a reply must be received in 15-days or
sometimes they may give 30-days from the mailing date on the letter.
The
information not included in the audit notice letter is the fact that
if you fail to reply and provide the requested information within
the time specified, they will raise an assessment based on an
estimate, close the audit file and transfer the tax due assessment
to their collections department and your nightmare will begin.
Potential problems include deducting the assessed amount from your
bank.
Sure, a
skilled accountant can file a notice of objection showing the true
amount you owe or that you owe nothing.
By then
they have your money and good luck trying to get it settled and any
overpayment, refunded within a reasonable time.
Bottom-line
Don’t delay, when you get such a notice act
immediately.
Contact
us
We can make the experience hassle-free and leave you free
to do what you do best.
Trucking for Profit |