Even the simple thought of the IRS auditing you or your business can send chills up your spine. That – you want to avoid like the plague. There are certain red flags that increase your chances of being audited. Are you familiar with them? If not, it’s time for you to work with experienced tax professionals. If you have questions about tax audits in Miami, contact Advanced Tax Advisors.
When Searching for Tax Audits Miami, Call the Best: Advanced Tax Advisors
Advanced Tax Advisors is a successful tax advisory and accounting firm with locations in Miami and Plantation. We focus focuses on tax planning strategies that result in significant tax savings for our clients. And part of this set tax-savings strategy is the goal of avoiding an IRS tax audit at all costs.
It starts with organization – keeping good records and reporting income and expenses, accurately. Here are some tips or IRS red flags:
- Triple check all numbers
- Avoid reporting net losses every year
- Avoid consistently filing late
- Avoid paying unreasonable, mega salaries to employees who are shareholders
- Be careful of independent contractors
- Don’t go overboard with home office deductions
- Filing a Schedule C is a red flag
Lucky for not only you – but for all of us – studies show that the IRS is filing fewer audits each year. But again, a top-notch company – Advanced Tax Advisors can help you with both individual and corporate tax return preparation and compliance. We’re talking peace of mind. This also gives you more time to focus on continuing to build a successful business or personal secure lifestyle.
In the last 6 months alone, we have helped dozens of clients in multiple states and in 4 different countries save tens of thousands of dollars in income tax. We can also help you. When searching for tax audits Miami, call the tax professionals – Advanced Tax Advisors at (954) 888-6941 for a complimentary consultation.