Audits
An IRS audit is a review/examination of an organization’s or individual’s accounts and financial information to ensure information is reported correctly according to the tax laws and to verify the reported amount of tax is correct.
Why am I being selected for an audit?
Selection for an audit does not always suggest there’s a problem. The IRS uses several different methods:
- Random selection and computer screening – sometimes returns are selected based solely on a statistical formula. The IRS compares your tax return against “norms” for similar returns. They develop these “norms” from audits of a statistically valid random sample of returns, as part of the National Research Program the IRS conducts. The IRS uses this program to update return selection information.
- Related examinations – The IRS may select your returns when they involve issues or transactions with other taxpayers, such as business partners or investors, whose returns were selected for audit.
Our goal?
Taking the guesswork out of dealing with an audit. On a scale of 1 to 10 (10 of course being the worst), 10 is where most people would place an audit due to stress levels. However, an audit isn’t always a bad thing. Our goal is to alleviate the burden and headaches that come with an audit, to be a guiding hand to navigate the codes, laws, and paperwork associated with audits
Your success is our success.
Benson Associates go beyond processing your payroll and bookkeeping. Our guidance will help with scaling, growth, and IT challenges. The business world is always changing and we are here to guide you through it.
Benson Associates will be by your side in case any audits are required for any purpose.
Debt Assistance
Many people are struggling with debt after losing their jobs or having their hours cut because of the pandemic. If you’re worried about what you owe, Benson Associates are here to help you find the best solution to resolving your debts. Whether you require advice, a plan of action, or just a learned and qualified mind to ask questions. Benson Associates has you covered, we pride ourselves on helping you plan how to dig out so you can get back to living and stop worrying about the debt.
Reach out to Bensons Associates today