Avoid IRS Audits
IRS Audits are on the rise… This new audit protection kit will uncover the secrets used in determining audit targets. It will walk you through the most audited areas in tax law and give you pointers on how to avoid the audit in the first place. Most tax professionals take the information provided to them and enter it on the tax return. Unless there is something out of the ordinary, they won’t question it. Below is an actual excerpt for a tax professional engagement letter: "We will prepare your 2008 Federal and State individual income tax returns from information you furnish. We will not audit or otherwise verify the data you submit, although we may ask you to clarify some of the information." Your tax professional will add some protection, but there is no guarantee they will keep you out of harms way when it comes to an audit. You need to be smart about avoiding audits, which means being smart about what you provide your tax professional. Audits are costly... "I hired a tax professional to help me prepare for my audit. He was very efficient and knew how to prepare all the documentation ahead of time saving me hours of agony. However, it still took him over eight hours to accurately prepare my audit package. At $120/hour, it cost me $1,000 just to prepare for the audit!" Why not save the time and money by avoiding the audit in the first place? Penalties are high… There are many other penalties, too, including jail time for the most serious offenders. Mental Games... You can avoid that unpleasant feeling and sleepless stress filled nights by avoiding the audit in the first place.
Alan Walls, Sacramento, CA You can avoid the ignorance trap by educating yourself with your simple to use audit protection kit. Computers find most audit targets... You can find out the most common areas that are matched by the IRS ahead of time so you don’t mis-report and trigger an audit. Aggressive vs. Proactive... Aggressive tax planning triggers audits, proactive planning avoids audits. Order your audit protection kit and learn how to effectively use tax strategies to minimize your taxes. Order Now... In today's economy where can you get an instant 100% or more return on your money. Heck, where could you get that type of return in a good economy? By ordering our audit protection kit you will drastically reduce your chances of being audited and learn some great legal strategies to save taxes going forward giving you an instant return on your money! The icing on the cake… 100% money back guarantee! If you don’t get any tidbit of useful information out of our audit protection kit just let us know and we will give you a full refund.
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and they’re getting smarter in how they track down potential audit targets.
Tax professionals don’t stop audits…
An average audit takes two to three hours to complete. This assumes you have all of your papers in order before arriving at the IRS offices. They will generally audit three to five areas on your tax return. They will require backup documentation for all of the items audited. The preparation time can take hours upon hours depending on how complicated your return is.
Jeff Thompson, San Francisco, CA
The IRS is generally one to two years behind when it comes to auditing. Two years seems to be the norm. If they find a correction during the audit you will owe tax. And that tax is considered due on the due date for the filing of the year in question. So if they audit your 2006 tax return which results in additional tax due, it is considered due April 15th, 2007. Interest and penalties are assessed from that date onward. Interest is accrued at the going Federal Rates (generally ~5-7% annually on the balance due). If the tax due is greater than $5,000 they may assess an accuracy related penalty of 20% of the tax due. If you never filed in the first place, they assess a late filing penalty of 5% per month on the orignial tax due up to a maximum of 25% of the original tax due.
But now, for the low cost of this audit protection kit (only $17.95!!!) you could simply avoid the audit and potential interest and penalties.
Do you want to feel like a criminal? An audit can be compared to a criminal interrogation. Auditors frequently deal with cheats and liars. It can seem like a rare circumstance when a good person is audited for a genuine mistake or misunderstanding of tax law. But since they are used to dealing with morally questionable people they employ psychological tactics to fluster them. This can result in finding out hidden information. Even of you don't have anything to hide; it can be quite disturbing to go through. The questioning can make you feel as though you are a cheat yourself.
Ignorance is not a defense...
The law is the law. Ignorance may get you out of stiff penalties, but you will still owe tax and interest for an incorrect position taken on a tax return. Many people have come to us over the years in the belief the IRS would treat them nicely and let them off the hook for past taxes due since they did not know about a particular tax law. They are quite surprised to find that is not the case. Remember, the IRS is used to dealing with cheats. So while you may be truly ignorant about the tax law, the IRS may take the view that you are lying. In any case, after they treat you like a criminal for not paying the proper tax due, they levy interest and penalties on the taxes due.
"I am so glad I read your Audit Protection Kit. As an adjunct professor, I am a 1099 employee and was about to make some potentially big errors in my tax reporting due to “hear-say” from others. Your kit discusses in plain language the “in’s and out’s” of specific triggers and common misconceptions. I was about to fall into that trap just listening to my peers. I am not a tax professional, so I appreciate your simple, common sense approach to avoiding an audit. Thanks again for the great information!"
Most audits targets are found by IRS computers. They find inconsistencies within the tax return, or find reported deductions which are out of the norm. Did you report a different amount of gross income from your self-employment than was reported to the IRS by others? Did you report a different mortgage interest deduction than your mortgage company? The IRS matches your tax returns to what is reported elsewhere. If they don’t match, you could trigger an audit.
Many audits are caused by people being “aggressive” on their tax returns. They are aggressive by exaggerating deductions. The IRS is smart. They know the areas where people tend to exaggerate most. The trick is to be “proactive”, not “aggressive”. Proactive contrasts with aggressive in that you will use 100% legal, no “gray area” strategies to reduce your taxes.
The trick is not to be audited in the first place! This kit will uncover the hidden secrets the IRS doesn’t want you to know. Use legal ways to keep your money from going to the IRS. Stop the IRS from ripping YOU off! Order now…for the low, low, very low price of $17.95 you could prevent errors that could cost your thousands!
Start protecting yourself now by ordering youself a copy of the Audit Protection Kit.
SPECIAL REMINDER: 'Audit Protection Kit' is a downloadable e-book. No physical products will be shipped. After you order, you will get INSTANT ACCESS to download the e-book onto your computer. The e-book format is adobe acrobat PDF, which can be viewed on Mac or PC.
