What factors could lead to an IRS audit?

In this video, we talk about different factors that can lead to an IRS audit. When the words audit and IRS are used in the same sentence, it can invoke fear in many people. We are taught by our parents to avoid problems with the IRS. The IRS can levy and lien property. They are one of the scariest arms of government and it is your best interest to avoid problems with them at all costs.

Sometimes people have no control over the IRS contacting them or reviewing their tax returns in an audit. An audit is serious. Most times an IRS audit is caused by inaccurate or mismatching financial information reported to the agency. We have seen this first hand. Client's make a mistake and over or under report income to the IRS. An automated system can issue a mailed notice, or a revenue agent can ask for more information about your tax returns. As long as you are truthful and forthcoming, the IRS should stand down and make necessary corrections to your tax account. If you receive written communications from the agency, it is important to respond to an IRS notice or audit.

If you are unsure about the proper action to take, it may be best left to a professional capable of representing you in front of the IRS.

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Contact me today for your tax consultation at +1 (407) 864-2702, by phone or WhatsApp. Book your consultation by visiting our website at: https://quintilonetax.com/index.php/c...

Dylan Quintilone PTIN P02055728

Disclosures:
Dylan Quintilone is an investment advisor representative with Copper Canyon LLC, a state of Florida Registered Investment Advisor. He provides tax services separately and independently of Copper Canyon LLC. He does not render investment advice, or financial planning services as a service within the tax business. In the event a tax customer wants to engage Mr. Quintilone for investment related services, Mr. Quintilone will be required to disclose material facts. The first disclosure will be to inform the tax client that investment advising is a separate service and Mr. Quintilone is required to deliver disclosure documents consisting of Copper Canyon LLC’s Form ADV Part 2 Brochure, Portfolio Management Contract and other required documents.

Copper Canyon LLC is a Registered Investment Advisor in Orlando, Florida. The firm is regulated by the Office of Financial Regulation, Division of Securities. More information can be found about Copper Canyon LLC CRD#286061, by visiting https://brokercheck.finra.org/ and typing Copper Canyon LLC into the search box

Copper Canyon LLC Firm Persons

Dylan Quintilone
Investment Advisor Representative
CRD 6732024

Paul Edward Clay
Investment Advisor Representative
CRD 7145606

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