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How We Reduced a tax bill from $43,295 to $10 ,207 in an IRS Audit!! (COLUMBIA)

license info: Certified Public Accountant

I'm extremely thrilled for a client we represented in an IRS audit.

We got the result of the audit back yesterday and what could have resulted in a $43,295 tax assessment got reduced to about $10,207.

That's about $33,088 in tax savings for using a professional to represent his case in an IRS audit.

Looking forward to the 2017 audit result. He's being audited for tax years 2016 and 2017.

If you operate a business, make sure you segregate your business transactions from your personal accounts.

It is extremely important that you open a separate account for your business and keep all personal transactions away from your business accounts.

This client filed a Schedule C return for the audited years and commingled his personal and business transactions.

IRS summoned all his personal bank accounts from the banks and proposed all his personal non-business related deposits MUST be taxable.

Yes, you read right. If you commingled funds, your non-business related deposits could be added to your income and become taxable in an audit.

This audit has been a year-long battle with the IRS and I am extremely pleased with the result. $33k in tax savings is huge for so many small businesses. I can't wait to get the 2017 audit result.

Call today to resolve your tax problems @240.463.9019 or email: bernice@bernicehassancpa.com

Or copy and paste this link to schedule your free consultation call: www.bernicehassancpa.org/calendar

Services Include:
Audits
Collection Matters
Offers In Compromise
Installment Agreements
Penalty Abatements
Past Due Tax Returns


Bernice Hassan CPA
240.463.9019 or email: bernice@bernicehassancpa.com
  • do NOT contact me with unsolicited services or offers

post id: 7147625864

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