Audit Defense Compliance
Browse our collection of articles on audit defense compliance from AE Tax Advisors.
Our team regularly publishes insights on audit defense compliance to help high-income professionals stay informed about tax planning opportunities and compliance requirements.
Frequently Asked Questions
What should I do if I receive an IRS audit notice?
Contact AE Tax Advisors immediately before responding to the IRS. Having professional representation from the start protects your rights, ensures proper documentation is submitted, and prevents common mistakes that can escalate the audit.
Does AE Tax Advisors represent clients in IRS audits?
Yes. AE Tax Advisors provides full IRS audit representation, including correspondence audits, office audits, and field audits. The team handles all IRS communication, document preparation, and negotiation on behalf of clients.
How can I reduce my chances of an IRS audit?
Maintain thorough documentation for all deductions, file accurate and timely returns, ensure reasonable compensation for S-Corp owners, and keep clean records for all real estate activities. AE Tax Advisors builds audit-proof documentation into every tax plan.
What is the IRS statute of limitations for audits?
The IRS generally has 3 years from the filing date to audit a return. This extends to 6 years if more than 25% of gross income is omitted, and there is no limit for fraud or unfiled returns.