IRS Tax Notice – 1099s

Have you ever received an IRS notice?

We have been successful in avoiding IRS audit tax assessments because we insist that our client’s get us the actual 1099 forms and by asking for key information.

During the busy tax season, how do we remember to get the 1099 and other key support?  We use the David Allen’s GTD and Leo Babauta’s Zen to Done ZTD follow up systems. Many times it is due to the IRS’s  “matching program” which I call “a computer audit”.   What do we mean by a “matching program”?

An Example:

  • The IRS receives 1099 forms from our clients’  banks and  investment brokerage houses for interest, dividends and capital gains income.
  • The IRS’s computers run “matching” programs that check what our clients’ tax returns show versus what was reported to the IRS.  When there is a discrepancy, a tax notice is sent.
  • Our clients receive very few of these tax notices because we have a system that reduces the risk of error!
  • We have fewer IRS audits per 100 tax returns prepared then the IRS reports on their web site.   We believe that we have fewer audits because after 30 years, we have come to know what triggers an IRS audit.

Contact Jeffrey Brooks, 602-292-2009 for more information.

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About Jeffrey Brooks

Jeffrey Brooks, CPA, CFP, MBA since 1976 has specialized in helping clients save significant taxes, help businesses increase their cash flow, revenues and profits while increasing their control and satisfaction. Jeff and his accounting firm sincerely cares about the happiness of his clients.

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JBrooks Wealth Advisors, PC.

Certified Public Accountant
Address: 4647 N 32nd Street, Suite B245
Phoenix, Arizona 85018
Phone: 602-292-2009