Many Businesses Overpay IRS

Could your company be paying too much in taxes? Profit Alliance Recovery Consultants say the bulk of both large and small businesses are paying too much. Their top auditors check out other companies' tax filings and expenses at no charge. On average, they're finding businesses overpay thousands, if not tens of thousands of dollars each April. "It is truly a multi-billion dollar epidemic that is costing the average consumer nearly $10,000 per year," said Kristen Lain, president and CEO of Profit Alliance.

Profit Alliance has come up with an interesting solution as a result of their research--they're offering companies free audits. If the numbers they come up with match those of the company they're auditing, the company pays nothing. If, however, they find overpayment, Profit Alliance gets a share of the savings that can still be reclaimed from the IRS.