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Being Audited? Let Us Give You Some Words of Advice


How would you feel if you found out your business were getting audited tomorrow? Often, when people think of having to go through a tax audit, panic sets in. However, an audit is simply a formal examination of your business records. Here are a few words of advice to consider should you receive notice of an audit:​

  • An audit isn’t personal. Don’t be afraid – be prepared.
  • Take full control of the process and get involved.
  • Your chance of successfully managing an audit process and coming through it with a reduced tax bill depends on the quality of documentation you are able to provide.
  • ​Be patient. Successfully completing the audit process takes time.

To learn more about tax controversy and what you can do to educate yourself on how to effectively navigate through an audit, contact Loren Kroeker.