7 IRS Audit Red Flags To Look Out For
With the Internal Revenue Service (IRS) increasingly cracking down on tax avoidance and evasion, taxpayers must be aware of potential audit red flags. Knowing which activities may raise flags with the IRS can help taxpayers avoid costly audits and ensure they comply with U.S. tax laws. This blog will discuss seven IRS audit red flags […]
What You Need To Know About An IRS Audit
An IRS audit can be a daunting and intimidating experience for anyone. Understanding the process and what you can expect from an IRS audit is important. Knowing what to expect and being prepared can help make the process easier and less stressful. This blog will provide an overview of what you need to know about […]
What Does An IRS Audit Letter Look Like?
Receiving an IRS audit letter can be a nerve-wracking experience that can cause great distress and inconvenience. Knowing what to expect can help make the process smoother and less daunting. This blog explains the appearance of an IRS audit letter, providing additional information about the audit process for unfamiliar people. What Does an IRS Audit […]
How Far Back Can The IRS Audit?
The Internal Revenue Service (IRS) is the primary agency responsible for enforcing the nation’s tax laws. As such, they are granted the authority to audit taxpayers to ensure that taxes are paid in full and promptly. Knowing how far back the IRS can audit is essential for tax filers, as it can help them keep […]