Say you find yourself being audited by the IRS for a previous year. Maybe you never did get a really good handle on your paperwork. Your receipts are still unorganized, in a shoebox. Virtual Accounting Haven can help you by compiling your paperwork to match the deductions on your tax return. We can coorespond with your agent so that we only focus on what is necessary. Although VAH cannot represent you legally, we can help to assure that allowable deductions are not dismissed just because the agent could not find the proper documentation.
If yours is the type of business that requires financing, your lender may require your books to be audited every year by a CPA. Billing time of a CPA can be expensive. Virtual Accounting Haven can help you to cut the cost of your audit by anticipating your CPA's requirements. We can organize and substantiate your financial data by general ledger account balance in a format your CPA will find easy to follow. This includes year-to-year comparisons and calculations. The end result is less CPA billable hours.