Through an Audit Readiness Assessment, our professionals help companies understand and analyze risk points, such as incomplete electronic tax records, procedural or information technology (IT) systems weaknesses, reportable transactions disclosures and changing Internal Revenue Service (IRS) examination procedures. Based on the assessment results, we can make recommendations to help companies manage the impact of these risks on their organizations.

Our Tax Controversy professionals have developed a methodology to help taxpayers prepare for IRS exams. Some of the more common events that can demonstrate a need for audit readiness services include:

• IRS notice of an examination
• IRS penalty notices
• IT system upgrades and conversions
• Acquisition or divestiture of business units
• Tax assessments or penalty notices from the IRS

Learn more about our services by downloading the PDF attachment below.