Clifford, Ross, Raudenbush & Cooper understand the anxiety that IRS audits can cause the average small business owner. The chances are people running a small business don’t have wide profit margins and a lot of wiggle room, so they want to be especially careful not to attract the attention of the American Internal Revenue Service.
Clifford, Ross, Raudenbush & Cooper are professional accountants that understand how, through a combination of negligence and neglect, even smaller companies can become the focus of IRS Audits in El Paso. They have been in business long enough to be able to help these small companies avoid any pratfalls, and to help them through the auditing process should they be called upon.
The amounts and kinds of deductions can set up a red flag with the IRS, if the numbers vary greatly from tax year to tax year. For example, a large spike in the gas allowance that you usually claim as an expense will provoke the interest of the auditors who work for the government. Large downward fluctuations in your taxable income is another clear indication to the officials of the IRS that you might be underreporting the amount of money that you make.
Clifford, Ross, Raudenbush & Cooper understand the red flags that can result in IRS Audits in El Paso. As you work with them as a small business owner in the area, you have the double advantage of working with experts who can steer you clear from the pratfalls that lead to an audit and work with you side by side if you find you are caught up in one. Contact their offices today.