LOS ANGELES, CA, May 07, 2012 /24-7PressRelease/ -- An IRS audit is torture for even the most organized taxpayers. John (Cucamonga, CA) was a more typical, less-than-organized taxpayer who had come out of a 2009 audit with a balance of $11,638.23. There were a few expenses that were being questioned by the IRS at the time of the audit. Blue Tax needed to make sure that the IRS did not assess him the incorrect amount.
The Blue Tax team knew it was their goal to correct the expenses that was presented in the IRS audit. Blue Tax's Audit specialist interviewed John and created a business profile outlining his daily activities. Next, she gathered bank statements, receipts, and invoices, matching those with the expenses claimed on the return. The result was finding some expenses were actually more than what was claimed on the return. She then used the extra expenses to compensate for categories where the proof was less than what was claimed.
In February of 2012, the Blue Tax Audit Specialist appeared at the IRS Office in downtown Los Angeles and presented John's case to an assigned Audit Officer of the IRS. The Audit Specialist argued that the expenses were ordinary and necessary, and that the proof was sufficient. There were some missing items due to theft in the area where his records were located. Blue Tax worked with the client to reconstruct his records and draft a statement to the IRS about why we were unable to produce those records. The Audit Officer accepted the explanation, commenting that it was unusually well-written and organized.
In March of 2012, the Blue Tax Audit Specialist received a report and a call from the Audit Officer which indicated that the initial proposed balance due of $11,638 had been reduced to a zero balance and she had accepted all substantiations and arguments that the Blue Tax Audit Team had made on behalf of the client. Furthermore, the IRS decided not to open two more years for audit as was originally recommended. With a reduced balance from $11,638 to zero, and a cancellation of the audits from the other years from being opened, John concluded that his investment in Blue Tax saved him a great deal of time, stress, and money!
For more information about Blue Tax and its ability to help taxpayers resolve their tax problems, please visit www.BlueTax.com or call (888) 310-5858 for a free confidential consultation.
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