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Wednesday, April 17, 2013

Do you need to meet with your tax representation prior to being audited by the IRS?

Having excellent experienced tax 
representation is extremely
 important and invaluable
during an audit by the IRS.
People who acquire tax representation for their tax audits, often wonder whether or not they need to meet with their actual tax representative.

The good news is that if your time is extremely valuable and you hire tax representation to represent you to the IRS, you usually do not need to meet up with them at all. 

Through the Power of Attorney (form 2848), your tax representative can handle all the dealings with the IRS on their own. This includes even being able to sign final agreements with them after the tax audit of your business is complete.

One thing to note is that tax representation can be extremely useful for people who are incredibly busy, however there is a caveat that needs to be talked about. The IRS can still force you to appear by using what is called an “administrative summons”. This administrative summons is most often used if your IRS representative is not cooperating with the IRS and sharing all the details they are looking for. Often this happens too if they are expecting or have suspicions of some sort of fraudulent behavior with your filing.

In this case, having very good tax representation is extremely important and invaluable. They can help you save yourself from possible pending criminal charges which the IRS take extremely serious. If you do know you filed wrongly, or inaccurately, you should hire help right away to help you correct the mistake.

Often people in this situation succumb to:
  • Fabricating receipts
  • Fabricating records to support invalid deductions
  • Lie to the examiner about income or other items

High quality tax representation whether you are in Atlanta, Georgia or anywhere else is money well spent and is often worth its weight in gold (solid gold).

Typically, it is very difficult for the IRS to prove underlying tax evasion. Doing any of the above three things though is what on average leads to the taxpayers ultimate downfall. Honesty truly is the best policy. Regardless, having a good tax representative who is well versed in criminal cases or potentially criminal cases could end up saving you from the wrath of the IRS.


GBC Income Tax Services is a proud member of the Atlanta Better Business Bureau, is an accredited BBB member with an A Rating.  
Visit our BBB profile here.

Call GBC Income Tax Services today at 678-366-9232 for all your tax and IRS needs!

Wednesday, April 3, 2013

Signs That Your Income Tax Preparer is Bad News : Lies About Tax Breaks

Bad Tax Preparer:
Lies About Tax Breaks
Warning Signs of the Bad Atlanta Georgia Income Tax Preparer:


WARNING SIGN 4


The Big Lie About the Ethnic Tax Breaks...

Anyone that tells you that you get a tax break based off your race or religion, is an idiot or a scammer. Since even idiots know we are all taxed more or less the same, you can bet that this person is a scammer and you need to stay away from this person.

For example in the last 10 years or so, there has been a scam running targeting African Americans stating they get tax breaks due to slave era reparations. This is just absolutely false, and if you get sold some of this snake oil, you know it is time to run away before you get hurt and lose some serious money.

GBC Income Tax Services is honest and upfront about your income tax.   
Read more about GBC Income Tax Services here. We provide Atlanta expert income tax filing services for individuals and small businesses, including partnerships, single member LLCs, and corporations (C and S Corps).

Read Warning Sign 1: Asking You to Lie About How Giving You Are
Read Warning Sign 2: They Look Like They're Officeless...
Read Warning Sign 3: Not Asking For Documentation

Call GBC Income Tax Services today at 678-366-9232 for all your tax and IRS needs!

IRS Website for Small Business and Self-Employed: Get the Tools You Need Now

Protect your valuable business
by hiring expert CPA consulting.
Visit the IRS Small Business and Self-Employed Tax Center here! 

SB/SE serves taxpayers who file Form 1040, Schedules C, E, F or Form 2106, as well as small businesses with assets under $10 million.

Get a plethora of tools and forms to help you in your small business and contact GBCTax for all your accounting, auditing, payroll and HRMS needs. We will help your business grow as we spotlight it: Julia Makarishcheva has earned an MBA from Georgia State University. Julia focuses on small business writeups at GBC Services LLC, and her focus and passion include audit and business analysis.

Call GBC Income Tax Services today at 678-366-9232 for all your tax and IRS needs!
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