As a tax professional, offering protection plus to. Traditionally we offer integrated audit products meaning they are integrated into our software and optional when a taxpayer elects a bank product, and this year, we are looking to add another option to our list of choices. As a result, the audit protection packages they offer often but not always come from. Well be there for you before and after youre assessed. We provide excellent customer support and an easy to use, professional product for an unbeatable price. If the audit results in money owed, tax audit defense representatives negotiate to minimize financial impact on customers.
Professional audit assistance from protection plus taxact. These addons come at an additional cost, and you can choose them at the end of the tax filing process. And taxact coaxed me with its protection plus audit assistance. Above all, they should be simple and easy to use since doing your taxes can feel like going to the dentist a necessary, sometimes painful evil. If we are not able to connect you to one of our tax professionals, we will refund the applicable turbotax federal andor state purchase price paid. Great records will do much more to support you than audit protection will.
Tax professionals are better with audit protection. Protection plus provides marketing materials for you to give to your client. Tax fraud assistance in the case of a suspected tax fraud incident, we assist in completing all required paperwork and work with the tax professional to get the tax return successfully filed. We are committed to recommending the best products for our readers. The irs has increased its audits of professional tax preparation firms, attempting to stem a perceived increase in both preparer fraud and taxpayer fraud related to such issues as identity theft, false claims of dependent children, and inflated deductions on tax returns.
Protection plus case resolution specialists are full time employees and have an ea andor cpa designation. Getting tax audit help might be easier than you think nerdwallet. Well also help obtain an irs identity protection pin to prevent a future event. Protection plus is a thirdparty company offering audit protection and identity theft restoration services. Tax preparation guarantee with protection plus, tax professionals services are guaranteed. Should you get audit protection for your taxes which is a big upsell of most of the major tax software products out there. The irs tries to audit tax returns as soon as possible after they are filed. Taxes are confusing enough without the added stress of figuring out which tax software is the best tax software, so we did the research to help you choose the ideal option to file taxes online. While you love your clients, you are not necessarily thrilled to see them when they come in holding an irs letter in their hand. Intuit software end user license agreement for annual audit defense tax year.
In addition, the protection plus audit assistance plan includes assistance with schedules a, c, and e at no additional charge. When additional taxes, penalties, and interest are assessed, working with the irs can be a confusing and stressful experience. If an audit is not resolved, we may request extending the statute of limitations for assessment tax. Let them know you can offer them audit protection on their tax return and be at ease knowing they have audit protection. Our experienced staff of tax professionals, cpas and eas will create a course of action best suited to the taxpayers needs, leaving you free from the strain and worry of handling the audit.
Audit protection is an addon service provided by some tax filing companies. Print important forms directly to the drake documents from the client file to easily access data without opening the tax. The basics work, but peace of mind costs extra the. Protection plus audit assistance takes the stress and anxiety out of a potential audit.
How to use audit protection plus income tax software. Is a service product that offers protection for individuals and businesses experiencing tax related issues by the irs or state agencies. However, some tax software will give you access to a tax specialist or accountant if you undergo an audit. If you received an audit letter based on your 2019 turbotax return, we will provide oneonone support with a tax professional as requested through our audit support center. Audit protection and assistance save time and earn more. Audit protection services is a service product that offers protection for individuals and businesses experiencing tax related issues by the irs or state agencies. Taxact offers taxpayers affordable fullservice audit protection. The typical audit protection means that youll get oneonone guidance from a tax professional.
Some audit defense packages include representation from the company, who will gather documents and work with the irs on your behalf. Protection plus provides audit assistance and identity theft assistance to your clients to relieve them of the stress and frustration of receiving a letter from the irs or state taxing authority or having their identity stolen. Protection plus has a professional staff to handle issues at all levels. If a taxpayer owes tax debts to the irs, protection plus will assess all taxes, penalties, and interests to properly identify all debt resolution options to obtain the best solution. With the popularity of these selfpreparation tools and software, have come the aftermath, the internal revenue service irs tax audit. Often these come bundled with identity theft protection or other services.
The statute of limitations limits the time allowed to assess additional tax. Accordingly most audits will be of returns filed within the last two years. For a low upfront fee, tax audit defense cpas, irs enrolled agents and tax attorneys guide members through an audit from start to finish, no matter how long the process. Turbotax gives everyone free audit support from a tax pro to help you understand whats going on if you get that dreaded letter, but if you want someone to represent you in front of the irs, you. Why choose turbotax 100% accuracy, maximum tax refund guaranteed, fastest tax refund oneonone answers on demand, and much more. They will also help you draft response letters, so you can deal with the audit efficiently. Audit is a scary word, and most of these programs try to upsell you some form of protection. Efficient and easy to use mytaxprepoffice saves you time during the busy tax season with simple workflows. Most of the top online tax software services charge extra for audit protection, but this minimal fee will be worthwhile if youre one of the 1. Tax audit protection and representation peace of mind extended service plan with our extended service plan, tax notice support and audit representation are included for the life of the tax return, giving you the peace of mind you deserve. The best online tax software the best online tax software should feature options for free filing and support a variety of filers including those running their own businesses. Protection plus has been protecting taxpayers for over 15 years and is the industry expert in dealing with irs and state issues of all kinds.
They guarantee that a certified tax professional will help you understand communication from the irs. Tax debt relief protection plus now offers help to taxpayers who owe debts to the irs. Tsg is currently updating its partner list for the coming tax season. Bank products, rtrp prep, audit protection, and other. Audit assistance and id theft protection powered by tpp. Protection plus excels in protecting tax preparers and their clients in five critical areas. In general, spending money on bookkeeping software is a much better use than of your money than spending money on audit protection. Audit maintenance pro is a lowcost audit protection solution integrated in your taxslayer pro software that will protect your clients in the event of an irs audit. Power your business with the accuracy, ease, and security of a cloudbased, online professional tax preparation software. These conditions generally provide incentives for taxpayers to initiate accounting method changes when they find they have established impermissible methods. Audit defense software end user license agreement tax year. Weve tested and researched the top online tax software solutions to help you establish which is the best online tax preparation service for you.
If you were to get audited by the state or irs, audit defense is an optional addon service that would give you full audit representation from a licensed tax professional. Packed with productivity tools, mytaxprepoffice makes tax preparation fast, accurate, and easy. No tax software or accountant can prevent you from getting audited. Password enter the password that accompanies your username. Audit assistance membership may be cancelled for any reason provided that tax protection plus is notified in writing at tax protection plus, po box 24279, winston salem, nc 27114 or by phone 8669428348, within the first 30 days of tax payers membership. Audit protection services is a service product that offers protection for your clients before they are selected to be audited by the irs or state agencies.
Whats not covered by the turbotax audit support guarantee. If you want to offer the best in audit assistance tax protection plus offers more than any one else, our list of partners is growing. All of that said, the value of audit protection depends a lot on how much it costs. Protection plus coverage lasts for three years after the date the tax return was filed. Audit protection is provided for as long as members federal, state and amended returns can be audited, which in most cases, is three years from filing a federal return and four years from filing a state return. Audit assistance protection plus can assist with almost any letter a taxpayer receives from the irs or state about their individual tax return. Enrolling in audit maintenance pro is done in the course of the bank application process in your account hub. Audit protection tax service group professional tax software. In addition to professional tax software tailored for highvolume tax offices, crosslink partners with top tax industry vendors to provide professionals with bank product solutions, irs rtrp test prep, audit protection, tax research materials, paper supplies, and spanish language solutions. Thats why drake software is proud to partner with protection plus, one of the most comprehensive audit assistance companies available to you.
Or maybe you use diy software to do your own taxes and stick with one that offers a paid audit defense service. The best tax software companies in 2019 magnifymoney. For detailed information on audit maintenance pro, click here. Feb 04, 20 fortunately, taxact s full tax audit protection service is available to customers who want extra peace of mind at a fraction of what the service would cost if done without it. Taxact offers taxpayers affordable fullservice audit. The irs has the right to audit anyone, but people with complex taxes run a greater audit risk. Weve teamed up with to offer this service so you can be confident that everything will be handled on your behalf i. Build your practice drake software professional tax. Professional audit assistance from protection plus protection plus has provided peace of mind to over a million taxpayers.
Enter your audit assistance tax protection plus username. Remember if your customers are happy then you will be happy. Stay tuned for our audit protection partners for tax season 2016 choices options. Mar 25, 2020 what else to consider when choosing tax software. Audit pros protects your clients and your time in the event of an audit. Protection plus has professional case resolution managers who are here to assist taxpayers and tax professionals all year long. But while some services offer live audit support, others offer nothing more than a few articles for filers who wish to protect themselves. Based on feedback from tax professionals, we removed the hassle out of audit assistance and made it userfriendly, efficient, and best of all, rewarding. Our plan guarantees tax audit protection for the life of your tax return. Audit protection, however, does not protect you from paying for.
Keystone tax solutions is a leader in the professional tax software industry with more than 15 years of experience offering 100% web based tax software while helping thousands of tax professionals start their own tax business and thousands more gain access to affordable technology driven professional tax software. May 24, 2019 if you were to get audited by the state or irs, audit defense is an optional addon service that would give you full audit representation from a licensed tax professional. Audit protection professional tax softwarestarting your. Audit protection service available for tax year 2017 taxact. Best taxreturn software in canada 2020 young and thrifty. If a taxpayer owes tax debts to the irs or state taxing authority, protection plus will assess all taxes, penalties, and interest to identify all debt resolution options and provide advice on the best course of action. Turbotax annual audit defense membership agreement intuit. Generally, these services promise support should you ever face a state or irs audit of a return you filed with the tax service provider.
The easiest way to get audit defense protection is to purchase it as you file your taxes in turbotax, but may also get protection through taxaudits turbotax audit defense site. You will have the opportunity to add protection plus audit assistance for each client during the efiling steps in taxact professional. Here is how we can help put extra cash in your pocket during the year. Protection plus is a professional company ready to assist your clients in the event of an irs audit, relieving eros of this burden. In addition, the irs will not require the taxpayer to change its method of accounting for the same item for a tax year prior to the requested year of change known as audit protection. Watch the video for an introduction to all mytaxprepoffice has to offer. Based on feedback from tax professionals, we removed the hassle out of audit assistance and made it. You can purchase audit protection for this years tax return as well as past years to make sure you have audit representation when you need it. Weve compared their pricing, audit protection, customer support and ease of use among other important criteria, so that you can see at a glance which online tax. Breathe easy last year, the irs sent out over 5 million letters to taxpayers. Tax protection plus partners with hundreds of tax offices to offer you and your clients the best in audit assistance. Audit protection have peace of mind knowing that your customers can have an audit protection plan protecting them on their tax return.
Audit protection services has experience and knowledge in the areas of. Top reasons to choose turbotax software for the maximum tax. Your tax businesses services are guaranteed and protected by audit protection. Some tax preparation professionals, online tax preparation services and diy tax software producers offer audit defense services. Last year, the irs sent out over 5 million letters to taxpayers. As is the case with other taxprep software, you dont have to pay extra for. Tax professionals are better with audit protection while you love your clients, you are not necessarily thrilled to see them when they come in holding an irs letter in their hand. What is tax audit defense and do you really need it. Should you pay for audit protection for your taxes. I personally like selfpreparation tax software tools, like turbo tax, because they have led to business for me in what irs examiners refer to as a turbo tax audit.
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