At Hone Maxwell LLP you can be represented during your audit by attorneys who have the ability to provide excellent legal representation as well as have the skills to understand the underlying tax issues. You do not have to worry about the decision between the knowledge and experience of an accounting professional/tax preparer or the legal representation skills of an attorney. At Hone Maxwell LLP you can have both. Do not make a sacrifice because legal representation skills and tax return knowledge are both essential to an effective audit.
Receiving a tax audit notice can be overwhelming, stressful and intimidating. The process routinely includes questioning by a tax examiner, collecting information from many time periods and several sources, and paying even higher tax liabilities. Some people may even face criminal indictment.
Many people try to represent themselves or engage their tax return preparer to represent them in a tax audit. This does not position you well for the most favorable outcome and could have serious repercussions. Tax auditors receive special training in interviewing techniques and methods of eliciting damaging information from unsuspecting taxpayers. Tax auditors are constantly on the lookout for conflicting statements or clues that could lead to further investigation, greater liability, and potential criminal charges.
In many instances, tax return preparers are not comfortable in these situations nor are they knowledgeable about the audit process. They are poorly equipped to represent clients in an audit because they are usually defending their own work if an audit is initiated. An attorney is better equipped to explain any issues that may exist and timely assert various legal defenses to help limit or prevent inappropriate audit assessments. Some people may fear that an attorney will not completely understand their tax returns or underlying tax issues. However, the attorneys at Hone Maxwell LLP also have the background and knowledge to understand the technical aspects of your tax situation.
We have experience dealing with a variety of auditors and a host of unique circumstances that often surround audits. We speak the language of a tax auditor and know how to strategically respond to audit inquiries in ways that preserve your rights. Our team thinks creatively about all the justifications for the positions taken in your tax filings and identifies documentation that will support your position. If you are facing an audit call Hone Maxwell LLP today for comprehensive representation.