Audit Defense Services

The Inflation Reduction Act of 2022 was put in place to improve taxpayer compliance.  $45 Billion dollars will be spent on auditing Americans.  In the plan, the goal is to audit enough taxpayers to bring in $204 Billion dollars to lower inflation.  To combat the 87,000 IRS agents that will be hired over the upcoming years, AdminBooks is offering an audit protection package that will provide audit support for the tax return year in which it was purchased. 

Our fee for preparing your tax return does not include any IRS and FTB audit representation or notice of change to your tax return. Normally the handling of these issues will result in additional charges, which are billed on a time and material basis at $375/hour.  But, at the time you have AdminBooks file your personal tax return, you can opt-in to purchase Audit Defense Services. 

Why Purchase Audit Defense Services? 

The Federal or State government can audit a return for any reason.  Many times they are computer-generated inquiries.  By filing your return electronically, you can reduce your risk of being audited.  However, audits do happen, which can be stressful and expensive.  An audit may require multiple meetings with the IRS and can sometimes take six months to a year to complete.  The time to handle an audit is considerably more than the time required in preparing a return; therefore your costs could be several times that of your tax preparation fee, if audited.

What AdminBooks Will Provide:  

• Under a power of attorney, we represent you before the federal and state taxing authorities. 
• We will exert our best efforts to obtain a satisfactory resolution of any issues that may arise in the examination or inquiry. 
•  We will render the appropriate services including correspondence and preparation of necessary documents. There is no guarantee we can provide to you concerning the outcome of the audit, however, we will represent you on a "best efforts" basis regarding a resolution of the issues.
• We will provide up to 10 hours of audit support up to before appeals. 
• At the time of the audit, the person must be a current client of AdminBooks.   

What The Defense Service Does Not Provide: 

• The retainer does not cover the appeal process, tax court proceedings, additional taxes you may owe, amending of returns, interest and/or penalties. 
• A refund if you are not audited.
• This agreement terminates upon lapse of the three (3) year statue of limitation for examination of your tax return.  In rare cases, if the services of a tax attorney are required, we will cooperate with them in all respects to resolve your issues; the fee for their services is not covered by this agreement.
• Audit defense only covers the tax year that you purchased.  It does not cover any years before or after, unless you purchased the audit defense package for those years as well. 

What You Will Do:

By accepting this agreement, you consent to cooperate with us promptly and provide any relevant documentation that may be necessary or required to assist us in resolving the matter of the audit or inquiry. Should you elect to forgo this optional service at the time of filing your return, we are available to provide these services should the need arise at our normal hourly rate of $375/hour.  Your payment of this optional service will show your acceptance of this agreement. 

The fee for this service is shown on the tax package email you have received.

We are here to give you peace of mind when it comes to representing you if audited by the IRS or FTB.   

Want to learn more about audits? Check out our article where we debunk some common audit myths.

If you have any questions, please contact our support team.

support@adminbooks.com     |    408.782.9640