• Revenue Cycle Management
  • COVID-19
  • Reimbursement
  • Diabetes Awareness Month
  • Risk Management
  • Patient Retention
  • Staffing
  • Medical Economics® 100th Anniversary
  • Coding and documentation
  • Business of Endocrinology
  • Telehealth
  • Physicians Financial News
  • Cybersecurity
  • Cardiovascular Clinical Consult
  • Locum Tenens, brought to you by LocumLife®
  • Weight Management
  • Business of Women's Health
  • Practice Efficiency
  • Finance and Wealth
  • EHRs
  • Remote Patient Monitoring
  • Sponsored Webinars
  • Medical Technology
  • Billing and collections
  • Acute Pain Management
  • Exclusive Content
  • Value-based Care
  • Business of Pediatrics
  • Concierge Medicine 2.0 by Castle Connolly Private Health Partners
  • Practice Growth
  • Concierge Medicine
  • Business of Cardiology
  • Implementing the Topcon Ocular Telehealth Platform
  • Malpractice
  • Influenza
  • Sexual Health
  • Chronic Conditions
  • Technology
  • Legal and Policy
  • Money
  • Opinion
  • Vaccines
  • Practice Management
  • Patient Relations
  • Careers

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.

Related Videos
Mike Bannon - ©CSG Partners