Historical & Forensic Accounting Services
IRS issues, missing records, suspected fraud, or a surprise tax bill — ASU investigates the details and helps you resolve the problem.
Investigative & Historical Accounting
Similar to forensic accounting, we offer historical accounting services. When it comes to investigative accounting services, things can get a little dangerous, especially if you are the business owner. We help business owners to take the proper steps to reduce their risk of fraud. If fraud has already occurred, ASU can also help businesses identify how it happened and figure out ways to reduce your liability so that it doesn't happen again.
Has the IRS been knocking? Are you being hit with a huge tax bill? Concerned that you have mistakenly omitted key financial information in recent years? Our experts at Accounting Services Unlimited will investigate the matter and uncover what exactly is lying beneath the surface.
If necessary, we can also engage our sister company Louisiana Tax Relief at http://lataxrelief.com to help minimize any penalties or damages payable.
When to Call ASU
Know the Difference
Understanding the line between legal tax strategy and illegal tax evasion is critical for every business owner.
Tax Avoidance
- ✓ Maximizing allowable deductions and business expenses to reduce taxable income within the law.
- ✓ Choosing the optimal business entity structure (LLC, S Corp, C Corp) for the most favorable tax treatment.
- ✓ Timing income and expenses strategically across tax years to minimize the overall tax burden.
Tax Evasion
Illegal — Criminal concealment of income or assets
- ✕ Deliberately hiding income or assets from tax authorities by failing to report all business revenue.
- ✕ Falsifying or fabricating business records, receipts, or deductions to reduce reported taxable income illegally.
- ✕ Failing to file required tax returns or intentionally filing false returns to avoid paying taxes owed.
ASU only assists clients with lawful tax avoidance strategies. If you are concerned about potential compliance issues, call us for a confidential consultation.
Serious Tax Problems Require Serious Help
When historical accounting reveals significant IRS issues, penalties, or back taxes, ASU can engage our sister company Louisiana Tax Relief to provide specialized tax problem resolution services. Louisiana Tax Relief negotiates with the IRS and state tax authorities on your behalf to minimize penalties and resolve outstanding tax liabilities.
Visit Louisiana Tax ReliefFrequently Asked Questions
What is historical accounting?
Historical accounting involves reviewing and reconstructing prior-period financial records to identify errors, omissions, fraud, or compliance issues. ASU uses these techniques to help business owners understand what happened in their finances and correct the record.
What is forensic accounting?
Forensic accounting involves investigating financial records for evidence of fraud, embezzlement, or financial misconduct. ASU helps business owners take proper steps to reduce their risk of fraud and, if fraud has occurred, identify how it happened and reduce liability.
Can ASU help if the IRS has contacted me?
Yes. ASU investigates the matter and uncovers exactly what is beneath the surface. If necessary, we can engage our sister company Louisiana Tax Relief at lataxrelief.com to help minimize any penalties or damages payable.
What if I have a large unexpected tax bill?
ASU will review your prior-year returns and financial records to determine if the tax liability is correct. If errors or omissions contributed to the bill, we will work to correct the record and minimize penalties.
What is the difference between tax avoidance and tax evasion?
Tax avoidance uses legal, legitimate strategies to reduce tax liability. Tax evasion is the illegal act of concealing income or assets to avoid taxes. ASU helps clients with lawful tax avoidance strategies only.
Can ASU help prevent fraud in my business?
Yes. ASU helps business owners identify vulnerabilities in their financial controls and implement procedures to reduce the risk of employee fraud and embezzlement.
What is Louisiana Tax Relief?
Louisiana Tax Relief is ASU's sister company specializing in IRS and state tax problem resolution, penalty abatement, and tax debt minimization. They can be reached at http://lataxrelief.com.
How do I get started with historical or forensic accounting?
Call (504) 838-7140 for a confidential consultation. ASU will review your situation and explain what a historical or forensic accounting engagement would involve.