So you are being auditing by the IRS….
If you are like most Americans, you didn’t see an audit in your future and your business plans had nothing to do with letting the IRS look into your finances. You also don’t know what to do. Maybe you asked a friend if they had been audited or scrolled through Google reading shoddy tax advice?
Lucky for you…you found us. That might sound trite but it’s the truth. Holmes & Associates, CPAs can get the IRS to back down. You’ll never even have to speak to the IRS with us in your corner. With over 30 years of experience in IRS Audit Representation, we’ve helped countless people who are under fire from the IRS.
If you’ve been given an IRS notice DO NOT RESPOND. We will review your taxes and when we are ready, we will reach out to the IRS on your behalf. The best defense is a good offense and the IRS backs down when a professional reaches out instead of you.
We implore you NOT to represent yourself. The moment you engage with the IRS, you will be hit with a barrage of “trick” questions which may seem harmless…but can be deadly. The purpose of these questions is to cause confusion and back you into a corner. The IRS is looking to nail you on something and any of your innocent responses could violate a tax law unknown to you resulting in hefty fees. We know exactly what questions they will ask and after studying your unique situation, we will have the right answers.
Don’t assume the IRS knows what it is doing. Training to be an IRS Agent is not as extensive as you may think and you are probably being victimized. To prove the point, here’s a story from our founder Larry Holmes, CPA, MBA.
A couple of years ago, I received a phone call from a distressed business owner. He was being audited and pushed around by the IRS agent auditing him. It looked like he was going to have to pay a tremendous amount of unexpected tax fees. I agreed to help him out and attended the IRS audit as his new CPA. I listened to the IRS agent challenge my client’s tax return and I realized the agent was altering the tax law.
We got into a heated argument as the IRS agent could not see his mistake. The IRS agent wasn’t being malicious, he flat out didn’t know the tax law and was operating off incorrect information which he was using to attack my client. I demanded the IRS agent get me a copy of the Treasury Regulations. I found the exact line of tax law that applied to my client's situation and read it to the IRS agent.
The IRS agent didn’t know what to do. I told him to go check with another agent to see if I was right if he wanted to. He took the Treasury Regulations I had just read him and left the room to consult another agent. He was gone for 30 min. When he returned, he apologized to my client for his mistake. My client was given a no-change audit (an audit in which you have substantiated all of the items being reviewed and results in no changes) and didn’t have to pay any additional fees.
If my client didn’t call me for help, he could have potentially had to pay the IRS tens of thousands of dollars all because a random agent didn’t know the tax law. After dealing with the IRS for over 20 years, I can tell you the IRS doesn’t always know the tax law.
REACH OUT TODAY. CALL US AT 562.495.3331 OR FILL OUT THE CONTACT FORM BELOW FOR YOUR FREE CONSULTATION AND WE WILL GET BACK TO YOU WITHIN ONE BUSINESS DAY.
A little more about us….
Larry Holmes has been a practicing CPA for over 30 years, helping countless small businesses and people with their finances.
Holmes & Associates was founded in 1986 by Larry Holmes. We are a full service CPA firm in Downtown Long Beach, specializing in corporate accounting, tax preparation and audit representation. Holmes & Associates was built on the principle of customer service and understanding. Many Accounting Firms will charge large fees and throw technical jargon around resulting in confusion and mistakes. We don’t do either. Most of our client relationships are built on tax planning services, as each client needs personal attention and tailored advice.
Larry leads and manages the day-to-day operations of the firm. His primary focus is on accounting services and taxes.
Larry’s Education and Credentials:
Certified Public Accountant
Master’s in Business Taxation, The University of Southern California
B.S. in Business Administration, The University of Arizona
REACH OUT TODAY. CALL US AT (562) 495-3331 OR FILL OUT THE CONTACT FORM BELOW FOR YOUR FREE CONSULTATION AND WE WILL GET BACK TO YOU WITHIN ONE BUSINESS DAY.