One of the added chores of preparing tax returns is dealing with clients who receive notices from the IRS. Typically, the IRS issues several million notices a year, commonly because information on a return doesn’t match information reported to the IRS on a Form 1099.
To help accounting professionals deal with these and other IRS issues, New River Innovation has come up with an SaaS application, Beyond415. The app automates post-filing IRS issues from start to finish.
“We assembled a team of tax professionals and technology experts to develop best practices for working with the IRS,” said Jim Buttonow, CPA, 19-year IRS veteran and cofounder of New River Innovation. “Our vision is to offer a comprehensive solution that provides firms with automated best practices for every IRS notice and issue – supported by the most current information for tax pros and their staff.”
Beyond415 provides guidance for analyzing a client’s situation, options for client IRS account research, and tools for solution evaluation and comparison. The system allows practitioners to select and customize their response to an IRS issue.
It then pre-populates the necessary documents including IRS forms, customized cover letters, worksheets, cover sheets, and document request forms, all in the IRS’s accepted formats.
Beyond415 is offered through select tax and accounting software partners.
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