Accounting Articles > Illinois Sales and Use Tax Audit:

Scheduled tax audits in Chicago

If you have been scheduled for a tax audit, whether it is at the Federal, State, or Unemployment Level, your first job is to get adequate representation.

Many people make the mistake of trying to handle an examination by themselves. That's certainly one of the biggest mistakes that you could make.

You don't speak the language of taxation. You neither know tax law, nor know how to represent yourself in a professional manner. Can you possibly anticipate what they will ask so that you can prepare a reasonable response? You're simply too close to the subject. Why any client would ever try to do this on their own is simply beyond imagination.

If it's an IRS Audit, they are going to be looking at every potential or actual federal tax that you pay. In your mind, you're thinking that its an income tax audit, so they are going to be looking at your business Income Tax Return. But while they're at it, they will also look at all payroll tax compliance along with your personal income tax returns as well.

If it is what's commonly known in Chicago as a Sales Tax Audit, the state will be looking at all four of the taxes that they collect. Those are Sales, Use, Payroll, and Income Tax.

Don't try to do this by yourself. Its much easier and less costly to do it correctly the first time, then to try to get a decision reversed in appeals. Call our offices today. The Special Accounting Packages section of this website may have a special offer which will benefit you. If you would like a second opinion on your case, we can do this for as little as $500, or represent you starting at $1,500. As highly recommended CPA's and Enrolled Agents providing tax accounting services in the Chicagoland Area, we have the experience necessary to help your company. Simply call or e-mail one of our specialists today.