Audit Insurance, also known as Audit Protection, is a service where the tax filer pays for insurance that is supposed to help them if they get audited. The reality is much different. Audit Insurance is revealed to be more of a scam than anything.
The reason Audit Insurance is a waste is that no protection is offered in reality. Companies like Tax Defense Partners really only offer a review of the situation. CPA firms that offer the service, as recommended by Canopy Tax, offer a few hours of resolution work should you be audited in the future.
See our video rundown on Audit Insurance here:
Everyone is better off without this service. If you do get audited and need help you are better of just paying for the time when it is needed. Paying monthly for something that may never happen is a waste.
Need help? If you think you could benefit from the help of a tax attorney, schedule a consultation with one of our expert tax attorneys here or call us at (888) 515-4829.
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