Illinois Business Tax Audits

If your business is facing an audit in Illinois, contact an experienced Chicago tax attorney. We’ll give you peace of mind.

What are business tax audits?

Business audits can be voluntary or involuntary. The IRS and state revenue department conduct them to check if you’re paying the right amount of taxes. Additionally, many companies routinely have outside accountants comb through their books to ensure compliance.

All business audits are different, and depend on your industry, company size, and reason for audit.

Connect with an Illinois business tax audit lawyer

When you enlist one of our tax lawyers to represent you during an audit, we take over. In fact, we won’t even let you talk to the IRS or State, because we know what to say and what not to say. The goal is to emerge from the audit with the best possible outcome, and hiring a tax attorney is often best way to reach that goal.

Types of business audits

Audits come in a variety of shapes, sizes, and foci. There are procedural compliance audits to ensure companies’ policies fulfill internal or regulatory requirements. Financial audits examine “the books,” and are the most common type of voluntary business audit. Investigative audits are initiated by authorities when they suspect fraudulent activity.

Often, the most feared of audits is the tax audit, executed by either the IRS or state revenue department. And it’s where we come in.

Business tax audits can cover:

Income tax
Sales/use tax
Tobacco/alcohol tax
Amusement tax
Other taxes

Business taxes can happen in one of three places:

Your place of business
The office of a designated representative, like a tax attorney
An IRS office

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