Strategies for Representing Yourself in an IRS Audit

Strategies for Representing Yourself in an IRS Audit

Strategies for Representing Yourself in an IRS Audit

Have you been selected by the IRS for an audit? It’s OK. Relax; you can get through this. Although we advise you to never try to go through an audit by yourself, if you really like a challenge and would rather do it by yourself, there are some good strategies for representing yourself in an IRS audit.

  • Make sure you understand all the procedures that are included in IRS audit, as well as the appeals process.
  • Whatever you do, don’t offer up information freely to the IRS in order to give the appearance of being helpful.
  • Just like the auditor, stick to the issues of your return that are in question. Be prepared to come with all the proper documentation that will be needed.
  • Avoid touching on other areas not involved in the audit and don’t let the auditor go there either.
  • If the return is incorrect then have it reviewed with a qualified tax professional in order to correct the mistake.

Should all of this seem too overwhelming, we understand. That’s why at GROCO we recommend getting professional help. We know how difficult the audit process can be and we have years of experience of successfully defending people who have been chosen by the IRS for an audit. So, if you are one of the unfortunate ones to be selected, don’t despair. Remember to utilize these strategies or better yet, just contact us at GROCO and we can help.

We hope you found this short article about “Strategies for Representing Yourself in an IRS Audit?” helpful.  If you have questions or need expert tax or family office advice that’s refreshingly objective (we never sell investments), please contact us or visit our Family office page  or our website at www.GROCO.com.  Unfortunately, we no longer give advice to other tax professionals gratis.

To receive our free newsletter, contact us here.

Subscribe to our YouTube Channel for more updates.

Alan Olsen, CPA

Alan Olsen, is the Host of the American Dreams Show and the Managing Partner of GROCO.com.  GROCO is a premier family office and tax advisory firm located in the San Francisco Bay area serving clients all over the world.

Alan L. Olsen, CPA, Wikipedia Bio

 

 

GROCO.com is a proud sponsor of The American Dreams Show.

 

American-Dreams-Show-Accounting-firm-in-ca-cpa-tax-advisors-groco-alan-olsen

The American Dreams show was the brainchild of Alan Olsen, CPA, MBA. It was originally created to fill a specific need; often inexperienced entrepreneurs lacked basic information about raising capital and how to successfully start a business.

Alan sincerely wanted to respond to the many requests from aspiring entrepreneurs asking for the information and introductions they needed. But he had to find a way to help in which his venture capital clients and friends would not mind.

The American Dreams show became the solution, first as a radio show and now with YouTube videos as well. Always respectful of interview guest’s time, he’s able to give access to individuals information and inspiration previously inaccessible to the first-time entrepreneurs who need it most.

They can listen to venture capitalists and successful business people explain first-hand, how they got to where they are, how to start a company, how to overcome challenges, how they see the future evolving, opportunities, work-life balance and so much more..

American Dreams discusses many topics from some of the world’s most successful individuals about their secrets to life’s success. Topics from guest have included:

Creating purpose in life / Building a foundation for their life / Solving problems / Finding fulfillment through philanthropy and service / Becoming self-reliant / Enhancing effective leadership / Balancing family and work…

Untitled_Artwork copy 4

MyPaths.com (Also sponsored by GROCO) provides free access to content and world-class entrepreneurs, influencers and thought leaders’ personal success stories. To help you find your path in life to true, sustainable success & happiness.  It’s mission statement:

In an increasingly complex and difficult world, we hope to help you find your personal path in life and build a strong foundation by learning how others found success and happiness. True and sustainable success and happiness are different for each one of us but possible, often despite significant challenges.

Our mission at MyPaths.com is to provide resources and firsthand accounts of how others found their paths in life, so you can do the same.

Posted in ,

Raamel Mitchell

Episode Transcript of: Raamel Mitchell Alan Olsen: I’m here today with Raamel Mitchell from Microsoft welcome.   Raamel Mitchell: It’s great to be here with you Alan.   Alan Olsen: So Raamel for the listeners, can you give the background of your work experiences start from college on and how you got to where you…

Rob Ryan's Sunflower model Building a Billion Dollar Company

The Untold Story of the Internet | Rob Ryan

Transcript: Alan Olsen: I’m with Rob Ryan here today, and Rob is a co-founder of Ascend Communications, which, which had a great influence on establishing what we now know is the internet. Rob, it’s good to be with you today.   Rob Ryan: Good to be with you as well.   Alan Olsen: So Rob,…

Scott Savlov

Scott Savlov, CEO of Savlov Consulting

Episode Transcript of: Scott Savlov, CEO of Savlov Consulting Alan Olsen: Welcome back. I’m visiting here today with Scott Savlov. He’s a television executive producer, welcome to today’s show. Good to see Alan. Scott, you’ve done a lot of things in your life. But for the listeners, can you bring us a quick update of…

Matt Follett: President of Follett USA

Matt Follett: President of Follett USA

Interview Transcript of Matt Follett: President of Follett USA: Alan Olsen: Welcome back. I’m visiting here today with Matt Follett. Matt is a successful entrepreneur and residing in the Northern California. Matt for the listener, can you give us some background of things that you’ve been involved with in your life and how you started…