Know Your Rights as a Taxpayer

Internal Revenue Service audit. Those words would strike fear into the heart of any taxpayer, but did you know that the IRS has adopted a Taxpayer Bill of Rights that spells out the rules protecting people and businesses in any dealings with the Service? The 10 provisions include the right to challenge a position and be heard, to appeal an IRS decision in an independent forum and to pay no more than the correct amount of tax.

Taxpayers also have the right to retain representation. Remember that CPAs can represent you before the IRS any time you need help sorting through a tax-related problem.

Not only can CPAs help you navigate complicated tax rules—and ensure that you’re complying with them—CPAs can also accompany you to meetings with IRS representatives. Better yet, a CPA can contact the IRS directly and work with them to sort through any issues often without you ever to be directly involved.

This often allows you to continue to focus on your business, greatly reduces a potentially stressful situation, and provides you peaceful mind. Furthermore, the outcome can be more favorable if handle by a competent tax professional. Be sure to contact a CPA with all your tax questions and concerns. @CPADuke #CPA360Tax

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