Accounting Consultant Services Valuable When Dealing With IRS
The Internal Revenue Service has created a Taxpayer Bill of Rights in six languages that promises to be valuable to individual taxpayers and small and large businesses. Nevertheless, you might find it helpful to use the services of an accounting consulting service when dealing with tax laws or the IRS.
The Taxpayer Bill of Rights includes the following rights:
- The Right to Be Informed
- The Right to Quality Service
- The Right to Pay No More than the Correct Amount of Tax
- The Right to Challenge the IRS’s Position and Be Heard
- The Right to Appeal an IRS Decision in an Independent Forum
- The Right to Finality
- The Right to Privacy
- The Right to Confidentiality
- The Right to Retain Representation
- The Right to a Fair and Just Tax System
Even though many electronic tax programs are promoted as being simple and painless, small businesses still pay more in taxes than they have to. You may find that even though such programs may temporarily save your company money, they may include only the most basic deductions. It is wise to use the services of an accounting consulting service, despite all the claims of such software.
Tax accountants can often save small business hours of wasted time.They know all the details involved in complicated tax matters and have years of experience and the necessary knowledge to arrive at the correct numbers for a business the first time.
Even though the new Taxpayer Bill of Rights gives you the chance to challenge an IRS position and be heard, wouldn’t it be right to get it your tax returns right the first time? Even though you have the right to appeal from an IRS decision in an independent forum, the right to pay no more than the correct amount of tax and the right to be represented, if your information is right the first time, you can avoid a lot of hassle.
Tax Return Services and accounting services provided by A & B Accounting and Business Solutions,LLC provide a full accounting and tax service that meet every need of a small business or medium size business including bookkeeping services, accounting consultant services and much more. Contact us to find out what we can do for your business.