Frost & Associates, Attorneys at Law
Call Today 202-618-1873

When one’s business is being audited

Running a business can have stressful aspects under any circumstances. Certain things though can add to the stress a business owner experiences. One is finding out from the Internal Revenue Service that their business is going to be audited.

Business audits by the Internal Revenue Service can be looking at all different kinds of things about a business. Some examples include:

  • The types of expenses claimed in connection to the business.
  • The business’ practices regarding classifying workers as “independent contractors.”
  • The business’ income.
  • How it handles incoming funds, including cash.
  • A business’ payroll tax practices.

So, such audits can involve very in-depth probes of a business’ affairs. They can also involve in-depth looks at the affairs of the owner. Business owners who are dealing with a business audit may be worried about how this probing will impact their business and their ability to efficiently run their business during the audit.

Business owners may also worry greatly about what the results of a business audit will be. What happens in a business audit and what the IRS ends up deciding in such an audit can have significant ramifications for a business and its owner.

In the face of all this stress and worry, a business owner may feel like there is nothing they can do and nowhere they can turn for help. However, a business owner does not have to try to navigate a business audit on their own. They can seek out skilled legal representation to provide them with guidance and help protect their interests and their business’ well-being during the course of the audit. So, contacting a skilled tax lawyer is among the actions a business owner may want to promptly take following discovering that their business will be audited.

Source: FindLaw, “Business Audits by the IRS,” Accessed June 15, 2016

No Comments

Leave a comment
Comment Information
Every Tax Problem Has A Solution

Bold labels are required.

Contact Information

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.


Privacy Policy

Contact us today!

Frost & Associates, Attorneys at Law
1629 K Street NW
Suite 300
Washington, D.C. 20006

Phone: 202-618-1873
Phone: 202-618-1873
Fax: 888-235-8405
Washington Law Office Map

Columbia Office
10440 Little Patuxent Parkway
Suite 300
Columbia, MD 21044

Phone: 202-618-1873
Phone: 202-618-1873
Fax: 888-235-8405
Columbia Law Office Map

Annapolis Office
888 Bestgate Road
Suite 400
Annapolis, MD 21401

Phone: 202-618-1873
Phone: 202-618-1873
Fax: 888-235-8405
Map & Directions

Fairfax Office
8280 Willow Oaks Corporate Drive
Suite 600
Fairfax, VA 22031

Phone: 202-618-1873
Phone: 703-621-7169
Fax: 888-235-8405
Map & Directions

Rockville Office
199 E. Montgomery Avenue
Suite 100
Rockville, MD 20850

Phone: 202-618-1873
Phone: 240-599-5009
Fax: 888-235-8405
Map & Directions

Find us on...
  • Facebook
  • Twitter
  • Linked In