Robert
Staunton,#2Consumer Suggestion
Tue, April 15, 2003
The prospect of an audit being, let's face it, right up there with a root canal or your daughter marrying the son of Saddam Hussein; it is easy to see how this company appeals to your fears. Having sat through several small business "seminars" put on by people who basically give you the same "how to avoid an audit" program (I would bet the IRS has a set of the tapes too), let me offer a small suggestion. Even if they advertise heavily on your favorite radio program and build trust by association, you still do not know these people. Your taxes should be handled by someone you have truely established trust with. They need to be able to get to know you and your situation as well and they should want to. Get names from people you know and interview them yourself. You should be looking for an honest person who knows the law and keeps up with it. You need help and advice BEFORE you get to tax season and the really good people will provide it. You should avoid "tax preparers" who simply fill out the form after the fact and look for someone who can help you deal with the specific investment and income situation you have. Their philosophy should be "how can we satisfy our tax obligation and use the tax laws to our advantage to keep as much of our money as we can." Their emphasis should be on good documentation and business practices rather than simply avoiding an audit. As I write this, on a beautiful April 15th, our forms are already long done and a check may already be in the mail from the U.S. Treasury. The money I pay Bookkeeping and Managment Services for their expert help is well worth it. Think of it, wouldn't you rather face a question from the IRS with someone you know and have worked with than a complete stranger?