IRS audits are less likely to occur if you are able to find the right Desktop software. The right desktop software can also make it easier for companies to organize things like 1099s, once a company receives a W-9 from an independent contractor.
An accountant can certainly help wealthier business owners make sure that all necessary 1099s get sent out quickly so all non-employee compensation packages can be put together. Higher earning taxpayers out there are sometimes worried about an audit, this is a big reason why they would find it necessary to make sure all professionals involved can be tied to tax forms.
Technology is changing. A good accountant should be willing to offer a number of different options to their client. If someone wants to e-file their tax return and simply focus on key parts of the return, while not looking at the whole thing can trust their tax professional to handle most of the return. Another person filing a return may want to file a paper return and an accountant should be willing to take the time to help a client through the process of filing a paper tax return. The IRS still processes paper returns.
Tax preparers or accountants need to be ready to handle a diverse number of questions. A client that is afraid of being audited may ask for a transcript of their past tax returns. If a client finds the information that they need in order to put their mind at rest, then you can certainly thank an accountant that is also willing to diversify your assets and make sure all deductions requested were perfectly legit.
A great tax preparer can also help someone that is being audited come up with a payment plan. The payment plan will only be necessary if you are found to owe money to the IRS. If you need to find a top notch tax preparer, please do not hesitate to contact us.