Tax Smart Centers of America provides FREE Audit Protection to Small Business Owners, Real Estate Investors
June 26, 2004
By Jim Harnsberger, Sr. Tax Analyst

SAN DIEGO – Tax Smart Centers of America, a subsidiary of Smart America Group Enterprises Inc. (SAGE) whose headquarters are based in San Diego, California announced that its offices will now begin providing FREE AUDIT PROTECTION to small business owners and real estate investors, effective July 1, 2004. This initiative is aimed at raising awareness about the significant increase that will be taking place as IRS begins its efforts to expand audits and examinations of returns by small-business owners in the years ahead.

The company operates two corporate owned centers in the San Diego region, with expansion plans of more than 30 new offices in the months ahead. In addition, more than 40 “Associate Offices” in five states operate under the trade name with a unique license agreement, providing very specialized tax services to the business community.

About The Program – The unique program offered by Tax Smart Centers of America works in a very simple, straightforward manner. Any person who owns a business, or who owns investment real estate can ENROLL at no cost for FREE AUDIT PROTECTION®. Within 30-days of enrollment the taxpayer sends the last three years tax returns to the corporate offices in San Diego for a complete evaluation, audit assessment, and refund recovery analysis™. A Factual Findings Report© and professional opinion are then provided to the taxpayer advising them of all potential audit issues, and a REPORT OF FINDINGS© for potential overpaid taxes is included in the report.

If, at any time in the future the taxpayer receives an IRS audit notice for any year that has been reviewed by the firm, the company will defend the audit AT NO COST all the way through the US Tax Court. (Footnote: The Company provides services to assist in recovery of overpaid taxes should the taxpayer elect to take advantage of this.)

With the GAO reporting that more than 40% of professional prepared returns containing errors and omissions, and a significant number of taxpayers overpaying their taxes, the company is now poised to provide the business community with a valuable service at no cost, while at the same time provide useful information about how to properly approach return preparation, and more importantly, tax planning services.

This FREE ENROLLMENT service is provided to business owners and real estate investors only. According to IRS reports most new audits will focus on high income taxpayers who make more than $100,000 annually; and a shift into implementing the once abandoned “Random Audits” has now begun at IRS.

For more information contact Tax Smart Centers of America at (619) 469-5800; for Tax Professionals who desire to participate in this unique program contact Rich Smith, CEO at the corporate offices in San Diego.