IRS AUDIT PROTECTION PLAN
We expect to perform the following services: 
 
Discuss your tax liabilities with the Internal Revenue Service (IRS)
Prepare a detailed response to the IRS
Perform a limited amount of bookkeeping and analysis necessary for preparation of the IRS reply. 
Correspond with the IRS’s collection department, service center and appeal unit.
 
Our work in connection with the above tasks does not include procedures to discover defalcations or other irregularities or to perform any legal work or represent you in any litigation. 
We will use our judgment in resolving questions where the tax law is unclear, or where there may be conflicts between the taxing authorities’ interpretations of the law and other supportable positions. Unless you instruct us otherwise we will apply the “realistic possibility of success” standard to resolve such issues in your favor where possible. The law includes penalties that may be imposed when taxpayers understate their tax liability. If you would like information about those penalties, please call this office.
Management is responsible for proper recording of transactions in the accounts, safeguarding of assets, and substantial accuracy of the financial records. Because you have final responsibility for the returns, you should review them carefully before you sign and file them, and send tax reporting information to the shareholders.