Tax Representation is the process of acting on behalf of individuals or businesses in dealings with tax authorities, such as the IRS, to resolve tax-related issues. It involves navigating audits, addressing disputes, negotiating payment plans, and ensuring compliance with tax regulations, providing clients with expert support and peace of mind.
Key Components of Tax Representation:
- Audit Assistance: Guides clients through the audit process, gathering documents, preparing responses, and representing them in communications with tax authorities.
- Dispute Resolution: Addresses tax disputes, including penalties, underreported income, and back taxes, working to negotiate settlements or reduce liabilities.
- Payment Plans: Assists in setting up installment agreements or offers in compromise, creating manageable solutions for outstanding tax debts.