Nashville Tax Solutions!

We guide you through IRS tax audits with care. Our team reviews your records, provides clear advice, and represents your case to ensure a smooth process and favorable results.
IRS Tax Audit

Expert Advice, Proven Results

Stressing out with the unfilled IRS Tax Audit? Facing the risk of inaccuracies in tax returns can be overwhelming. Don't let the legal issues of tax audits put you at risk. With over 20+ years of experience in auditing IRS taxes, Nashville Tax Solutions provides timely corrections and compliance, mitigating risks. Secure your future with our team now.
Understanding in Detail

What is an IRS Tax Audit?

An IRS audit is an examination of an individual's or organization's financial and accounting records to ensure compliance with tax laws and to verify the accuracy of the reported tax amount.

The IRS has broad criteria when choosing tax returns for audit. While a certain percentage is randomly assessed, the majority is chosen based on specific triggers.

High income, significant deductions that seem unusual, or inconsistencies with other filings can all raise red flags for the IRS's algorithms. Even a connection to someone else under audit might land your return under scrutiny. Understanding these triggers can help prepare for the possibility of an audit and ensure the return is accurate and well-documented way.

If you ever have to undergo an IRS tax audit, it's highly recommended that you seek assistance from a professional. A tax professional can provide you with IRS audit help, ensuring that your rights are protected, your tax information is presented accurately, and any interaction with the IRS is conducted in a way that aims to minimize any potential financial impact

Facing an IRS Tax Audit?

Don't face it alone! Let our expertise lead the way to a favorable outcome

Choose Nashville Tax Solutions for exceptional IRS Tax Audit guidance. Secure your financial future – Act now!

How can Nashville Tax Solutions Help You?

Personalized Consultation

The first step is to get on a call with our experienced tax professionals. During this initial meeting, we will carefully listen to your concerns and assess your specific audit situation.

Understanding Your Needs

Our goal is to understand your unique tax circumstances. We'll ask the right questions to pinpoint your challenges and tailor our assistance accordingly.

Audit Strategy

Based on our discussion, we'll develop a strategic plan for your audit. This plan will outline the steps we'll take to address your audit, ensuring a clear path forward.

Documentation Review

We'll assist you in gathering and reviewing all relevant tax documents. Our team will help ensure your records are organized and complete, minimizing potential audit issues.

Expert Guidance

Throughout the consultation and audit process, our tax experts will provide you with expert guidance and support, answering your questions and addressing your concerns.

Timely Response

We'll emphasize the importance of responding promptly to audit notices and assist you in communicating with the IRS within the specified. timeframe.

Why Choose Our Expertise for Your Audit Resolution?

Experienced Professionals

Our team comprises tax professionals with broad experience in the IRS audit process who ensure complete handling of the issue.

Proven Track Record

We have a proven track record of successfully resolving IRS tax audits for countless clients. It is our results that speak for itself.

Personalized Approach

We understand that every tax situation is unique. That's why we approach the specific needs, ensuring a personalized and effective strategy.

Comprehensive Support

From consultation to documentation review and audit representation, we provide comprehensive support at every stage of the process, offering you peace of mind.

Timely Response

Time is of the essence in audit resolution. We prioritize prompt communication with the IRS, ensuring deadlines and potential issues are swiftly addressed.

Efficient Resolution

Our goal is to resolve your audit efficiently, minimizing stress and uncertainty. We work diligently to secure the best possible outcome for you.

Client-Centric Approach

Your satisfaction is our priority. We take a client-centric approach, focusing on your needs and goals throughout the audit resolution process.

Trusted Partner

Nashville Tax Solutions is a trusted partner for individuals and businesses. We've built a reputation for reliability and excellence in audit resolution.

Avoiding Future Audits: Strategies to Minimize the Risk of Future Audit

Understand Deductions

It is important to be aware that when filing taxes, overestimating the amount of deductions you are entitled to claim can increase the likelihood of being selected for an audit.

Report All Income

Small amounts of income can make a difference when it comes to taxes. The IRS has a matching system in place, which means it's crucial to make sure that all sources of income are accurately accounted for. By doing so, you can avoid any potential discrepancies and ensure that you're meeting your tax obligations.

Avoid Round Numbers

When you come across round numbers in deductions or expenses, it could suggest that the figures are not exact and may indicate estimates, leading to inaccuracies. Therefore, it's always advisable to double-check such figures to ensure they are precise.

Electronic Filing

E-filing is efficient and reduces the chances of mistakes that might lead to an audit.

Prepare for the Possibility

It is essential to take necessary precautions to avoid audits, but it's also crucial to be prepared if an audit does occur. You can do so by keeping well-maintained records and having a solid plan in place. This will not only help you navigate through the audit process with ease but also demonstrate to auditors that you are responsible and compliant.

Our Answers

Frequently Asked Questions

If you disagree with the audit results, you can request a conference with an IRS manager, file an appeal with the IRS Appeals Office, or seek mediation. It's recommended to consult a tax professional or attorney for assistance. Documentation supporting your case is crucial.

To avoid audit risk, report all income, avoid questionable deductions, and seek advice from a reputable tax professional. Electronic filing methods can also help reduce errors.

Individuals with higher incomes, cash-intensive businesses, and those in professions requiring significant travel or entertainment expenses may face a higher audit risk. Self-employed individuals and small business owners are also more likely to be audited due to the potential for underreporting income or overstating deductions.

The IRS employs various methods to select tax returns for review, including random selection, computerized screening, and comparing information from third-party documentation. They also target returns that involve non-compliant taxpayers.

Underpayment in an audit may result in back taxes, interest, and penalties. The severity of penalties varies on the cause of underpayment. In rare cases, criminal charges may apply.

The IRS offers payment options, such as installment agreements or offers in compromise, to settle tax debt for less than the full amount owed. Property seizures and wage garnishments are last-resort options.

During a field audit, an IRS agent will examine your records in detail. It's important to be prepared by organizing all necessary documentation and understanding the items being questioned. Consider having a tax professional present.

Business red flags include consistent losses, large year-over-year changes in income or expenses, excessive travel/entertainment/vehicle expense deductions, high cash transaction volume, and income-lifestyle discrepancies.