What Do You Do If You’re Flagged For A Tax Audit?

Understanding Your Rights as a Taxpayer During an IRS Audit!

It is perfectly normal to feel worried or scared when the Internal Revenue Service (IRS) has chosen you for a tax audit. The IRS auditors will comb through your income tax return, receipts, business books, and other financial records. You may feel you are going to be hauled off to a tax court or, worse, spend years in prison. Before you start panicking, make sure you are prepared for anything with regard to taxes, including an audit. Read on to learn more about how a tax audit works and what you can do to reduce your chances of being audited.

When you enroll for LegalShield the personal?taxes you file in that calendar year are covered?under the?IRS Audit Legal?Services benefit, which means if you or your spouse/partner are audited, you'll have a tax attorney assigned to you to represent you through that audit for up to 50 hours annually. If you are self-employed and add the?Home Business Supplement, your schedule C & E taxes filed this year are covered too. Maybe you've never been audited and don't think you will be - and I hope you're right - but I bet that's what the 700,000+ people who were audited last year thought, too. If you don't have lawyers representing you, you'll be representing yourself, and that is the worst way to attend an audit! Tax attorneys are some of the most expensive out there, so to have?50 hours covered each year?"just in case" is huge savings, not to mention that you can call in as often as you want - consultations are unlimited with LegalShield - to talk with tax attorneys to ensure everything you're doing is done right always. Huge value.

Learn more about benefits for personal and business needs here: LegalShield Benefits