Audit Protection Kit
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Avoid IRS Audits
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The Audit Protection Kit
IRS AUDITS ARE ON THE RISE…
and they’re getting smarter in how they track down potential audit
targets.
This new audit protection kit will uncover the secrets used in
determining audit targets. It will walk you through the most audited
areas in tax law and give you pointers on how to avoid the audit in
the first place.
TAX PROFESSIONALS DON’T STOP AUDITS…
Most tax professionals take the information provided to them and
enter it on the tax return. Unless there is something out of the
ordinary, they won’t question it. Below is an actual excerpt for a
tax professional engagement letter:
"We will prepare your 2008 Federal and State individual income
tax returns from information you furnish. We will not audit or
otherwise verify the data you submit, although we may ask you to
clarify some of the information."
Your tax professional will add some protection, but there is no
guarantee they will keep you out of harms way when it comes to an
audit. You need to be smart about avoiding audits, which means being
smart about what you provide your tax professional.
AUDITS ARE COSTLY...
An average audit takes two to three hours to complete. This
assumes you have all of your papers in order before arriving at the
IRS offices. They will generally audit three to five areas on your
tax return. They will require backup documentation for all of the
items audited. The preparation time can take hours upon hours
depending on how complicated your return is.
"I hired a tax professional to help me prepare for my audit. He
was very efficient and knew how to prepare all the documentation ahead
of time saving me hours of agony. However, it still took him over
eight hours to accurately prepare my audit package. At $120/hour, it
cost me $1,000 just to prepare for the audit!"
Jeff Thompson, San Francisco, CA
Why not save the time and money by avoiding the audit in the first
place?
PENALTIES ARE HIGH…
The IRS is generally one to two years behind when it comes to
auditing. Two years seems to be the norm. If they find a
correction during the audit you will owe tax. And that tax is
considered due on the due date for the filing of the year in
question. So if they audit your 2006 tax return which results in
additional tax due, it is considered due April 15th, 2007. Interest
and penalties are assessed from that date onward. Interest is
accrued at the going Federal Rates (generally ~5-7% annually on the
balance due). If the tax due is greater than $5,000 they may assess
an accuracy related penalty of 20% of the tax due. If you never
filed in the first place, they assess a late filing penalty of 5% per
month on the orignial tax due up to a maximum of 25% of the original
tax due.
There are many other penalties, too, including jail time for the
most serious offenders.
But now, for the low cost of this audit protection kit (only
$27!!!) you could simply avoid the audit and potential interest and
penalties.
MENTAL GAMES...
"A man about to have a heart transplant was offered the choice of
either a 26 year old marathon runners heart or the heart of a 62 year
old IRS agent. He picked the agent’s heart because he said it had
never been used."
Do you want to feel like a criminal? An audit can be compared to
a criminal interrogation. Auditors frequently deal with cheats
and liars. It can seem like a rare circumstance when a good person
is audited for a genuine mistake or misunderstanding of tax
law. But since they are used to dealing with morally questionable
people they employ psychological tactics to fluster them. This can
result in finding out hidden information. Even of you don't have
anything to hide; it can be quite disturbing to go through. The
questioning can make you feel as though you are a cheat yourself.
You can avoid that unpleasant feeling and sleepless stress filled
nights by avoiding the audit in the first place.
IGNORANCE IS NOT A DEFENSE...
The law is the law. Ignorance may get you out of stiff penalties,
but you will still owe tax and interest for an incorrect position
taken on a tax return. Many people have come to us over the years in
the belief the IRS would treat them nicely and let them off the hook
for past taxes due since they did not know about a particular tax
law. They are quite surprised to find that is not the case.
Remember, the IRS is used to dealing with cheats. So while you may
be truly ignorant about the tax law, the IRS may take the view that
you are lying. In any case, after they treat you like a criminal for
not paying the proper tax due, they levy interest and penalties on the
taxes due.
You can avoid the ignorance trap by educating yourself with our
simple to use audit protection kit.
COMPUTERS FIND MOST AUDIT TARGETS...
Most audits targets are found by IRS computers. They find
inconsistencies within the tax return, or find reported deductions
which are out of the norm. Did you report a different amount of
gross income from your self-employment than was reported to the IRS by
others? Did you report a different mortgage interest deduction than
your mortgage company? The IRS matches your tax returns to what is
reported elsewhere. If they don’t match, you could trigger an
audit.
You can find out the most common areas that are matched by the IRS
ahead of time so you don’t mis-report and trigger an audit.
AGGRESSIVE VS. PROACTIVE...
Many audits are caused by people being “aggressive” on their tax
returns. They are aggressive by exaggerating deductions. The IRS
is smart. They know the areas where people tend to exaggerate
most. The trick is to be “proactive”, not “aggressive”.
Proactive contrasts with aggressive in that you will use 100% legal,
no “gray area” strategies to reduce your taxes.
Aggressive tax planning triggers audits, proactive planning avoids
audits. Order our audit protection kit and learn how to effectively
use tax strategies to minimize your taxes.
ORDER NOW...
The trick is not to be audited in the first place! This kit will
uncover the hidden secrets the IRS doesn’t want you to know. Use
legal ways to keep your money from going to the IRS. Stop the IRS
from ripping YOU off! Order now…for the low, low, very low price
of $27 you could prevent errors that could cost your thousands!
In today's economy where can you get an instant 100% or more return
on your money. Heck, where could you get that type of return in a
good economy? By ordering our audit protection kit you will
drastically reduce your chances of being audited and learn some great
legal strategies to save taxes going forward.
The icing on the cake…
100% money back guarantee! If you don’t get any tidbit of useful
information out of our audit protection kit just let us know and we
will give you a full refund.
Start protecting yourself now by ordering youself a copy of the
Audit Protection Kit.
SPECIAL REMINDER: 'Audit Protection Kit' is a downloadable e-book.
No physical products will be shipped. After you order, you will
get INSTANT ACCESS to download the e-book onto your computer. The
e-book format is adobe acrobat PDF, which can be viewed on Mac or PC.
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