Avoiding Audit Pitfalls: Why CPAs Need Legal Support

Episode Summary:

In this informative episode, host Kevin Rosenquist and tax attorney Juda Gabaie discuss the crucial role of tax attorneys during audits and how they complement CPAs' services. Juda shares insights from his decade of experience handling hundreds of audits, explaining how tax attorneys can help mitigate risks and navigate complex audit processes effectively.

 

Key Timestamps:

00:00 - Show Introduction

00:32 - Differences between tax attorney and CPA roles during audits

01:31 - Tax attorney's unique skills and insights

02:18 - Common CPA pitfalls during audits without legal support

02:55 - How tax attorneys mitigate audit risks

03:37 - Navigating audit complexities with legal expertise

05:39 - Proactive steps for audit preparation

07:20 - Detailed audit representation process

09:36 - Common audit misconceptions

11:57 - Importance of CPA-Tax Attorney partnerships

13:23 - Advice for those facing an audit

 

About the Show:

The Power of Tax Defense Attorneys Tax Corner with Juda Gabaie provides expert insights into tax law, audit defense, and essential legal strategies for tax-related matters. The show helps professionals and individuals better understand complex tax situations and their solutions.