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Look to accountant for defense against tax audit

Article

How to defend against tax audit.

Q: What is the best way to defend yourself in case of an IRS audit?

Your accountant is not doing a thorough job if he or she simply fills in the tax forms based on the data you provide. You should insist that your accountant look for items that you may have miscategorized or appear to be out of line.

Should you be subjected to an audit, do not meet with the IRS agent yourself. Have an accountant or attorney represent you. These professionals have the training to make the case on your behalf.

Send your money management questions to medec@advanstar.com
. Answers to our readers' questions were provided by Medical Economics consultant David J. Schiller, JD, Schiller Law Associates, Norristown, Pennsylvania.

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