Tax Audits and Reviews for Business Taxes
in Hagerstown, MD
K&A Tax & Accounting Reviews Returns, Meets with the IRS
We Offer Thorough Evaluation of Returns Questioned By the IRS
Trust K&A Tax & Accounting to handle tax audits and reviews for businesses in Hagerstown, MD, and surrounding areas. Our payroll experts and tax staff members have the training and expertise to review tax returns flagged by the IRS.
We are prepared to represent clients in audits as well. Contact us for help by calling (240) 591-8968 or online.
Frequently Asked Questions and Answers About Income Tax Return Audits
When the Internal Revenue Service audits individuals or businesses, it can be daunting. Clients tend to assume the worst, and get anxious when presented with this possibility. To alleviate some of that anxiety, here are some common auditing FAQs and their answers. If you have any other questions, feel free to contact K&A Tax & Accounting.
Q: Why is the IRS auditing my return?
A: Sometimes the IRS audits returns at random, using a computer generated formula. The IRS develops “norms” from a random sample of returns, as part of the National Research Program they conduct. Other times, the IRS chooses returns that involve issues or transactions with other taxpayers.
Q: How will the IRS notify me that it is auditing am?
A: If selected for auditing, the IRS will send a notification by mail. The IRS never initiates audits by telephone. If the IRS conducts the audit by mail, you may have to fill out a questionnaire.
Q: How long does an audit take?
A: The length of time an audit takes depends on several factors:
- The type of audit
- The convolution of the issues
- The availability of the requested documentation
- The scheduling availability of both parties
- Whether the audited party agrees or disagrees with the outcome
Q: What do I need for an audit?
A: Examples of documentation needed for an audit include, but are not limited to:
- Receipts
- Bills
- Legal papers
- Loan agreements
- Medical and Dental records
- Medical savings account statements
- Theft or loss documents
- Employment documents
- Schedule K-1
Businesses and Residents MD, WV, and PA Trust K&A Tax & Accounting
The skilled and professional staff at K&A Tax & Accounting helps businesses with more than tax audits. We set up new businesses. We also assist small and medium-sized businesses with payroll and tax return planning and preparation. In addition to serving businesses, we provide personal tax return and business tax planning services. Contact us by phone or online to learn more about our services. Throughout Maryland, West Virginia, and Pennsylvania, we happily provide assistance to clients from:
