Being audited by the IRS is often a stressful experience. However, you can make the process a little less intimidating by knowing what to do beforehand. In Kerrville, TX, Corey C Davis CPA Attorney at Law provides local clients insights into relevant tax laws, which can help save money and prevent serious legal consequences from occurring. Additionally, this attorney can guide you through the IRS auditing process.

Organize Documents

The IRS will request a range of documents when performing an audit. It’s up to you to provide these documents in an organized and timely manner as supporting evidence to any claims made on your tax return. Requested documents often include previous years’ tax returns, income statements, information related to checking and savings accounts, and other resources you used while filing taxes. Good record keeping is key in this case, as it will make document retrieval much easier.

Be Honest

It’s never recommended that you lie or withhold information when working with the IRS. If you discover that you made a mistake on your return during an audit, it’s best to be forthcoming about what occurred. Chances are the IRS will discover any errors or omissions made, and it’s best for you to come clean and rectify the issue as soon as possible. If you’re unsure about a question that’s asked of you, request clarification before answering.

Get Help

With most audits, having the assistance of a skilled tax law attorney is highly recommended. A good attorney will have the resources and knowledge to effectively pore over your return and ensure everything checks out. If there is an issue, an attorney will provide dependable legal advice on how to proceed. While you can deal with an IRS audit on your own, having a lawyer on your side may produce a better result with fewer headaches.

Corey C Davis CPA Attorney at Law provides expansive knowledge of tax laws, which can benefit you during an audit or when making your yearly tax return. He can also help with other legal matters, including family law. Schedule a consultation today by calling (830) 257-8800. You can also read more great tips on decreasing your tax burden by visiting him online.