Help – Form 4666 & 4668

Our CPA firm helps with IRS officer compensation audits (reasonable compensation).  If you’re being audited you may receive:

Form 4666 – “Summary of Employment Tax Examination” and Form 4668 – “Employment Examination Changes Report”

These documents go together and are usually prepared by an IRS agent after there has been a verbal understanding of the outcome to an audit.  It details the changes in payroll taxes, the forms effected and the years that the changes apply to.  The agent may assess penalties and display them on this form too.  Before you agree to the proposed changes, you may want to seek the advice of an expert on reasonable compensation.  Our firm can help.

Click here for a sample of form 4666 and 4668

Sample form 4666 and 4668

Sample form 4666 and 4668

 

Help – Form 2504-S

Our CPA firm helps with officer compensation audits (reasonable compensation).  If you’re being audited you may receive:

Form 2504-S – “Agreement to Assessment and Collection of Additional Tax and Acceptance of Overassessment”.  This is usually drafted at the end of an audit after there has been a verbal understanding of how the audit will resolve.  Before you sign, you may want to seek the advice of an expert in reasonable compensation.

Click here for a sample of form 2504-S

Sample form 2504-S

Sample form 2504-S

Help – Sample Letter 950-D

Our CPA firm helps with officer compensation audits (reasonable compensation).  If you’re being audited, you may receive:

Letter 950 – 30 Day Letter-Straight Deficiency or Over-Assessment”

This letter is used for un-agreed, straight deficiency, straight over assessment or mixed deficiency and over assessment cases. This letter may be used for various types of tax. If you agree with the adjustment, you sign and return the agreement form. If you do not agree, you can submit a request for appeal to the office or individual that sent you the letter. The letter contains information and lists IRS publications on how to file a protest. You need to file your protest within 30 days from the date of this letter in order to appeal the proposed adjustments with the Office of Appeals.

Click here to see a sample

Sample Letter 950-D

Sample Letter 950-D