Even simple mistakes can raise red flags with the IRS. Here's what deserves special attention so you can avoid triggering an ...
Wondering the best time to file taxes to avoid audits? While there's no guarantee, these tips can help you minimize ...
Imagine getting a letter in the mail stating you owe someone $98,000. Now imagine that someone is the Internal Revenue Service. Just the mere utterance of the letters “IRS” will give business owners ...
Now that we're in the new year, it's time to think about taxes. The IRS is now accepting tax returns. There are several things you should know before you file. First thing: due to inflation, income ...
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Taxpayers typically amend their returns to correct mistakes, claim missed deductions or report additional income. While the IRS does allow amendments, many worry that filing a Form 1040-X could ...
Now the effort is falling apart. Since President Trump returned to office, nearly all the senior leaders of the operation ...
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The IRS has announced a new audit campaign targeted at the use of private aircraft, a/k/a “corporate jets”. This has been an intensifying area of focus by the IRS over the last few years as a result ...
More states are expected to simplify their sales tax laws and leverage artificial intelligence for doing tax audits, according to a new report from Avalara, a provider of tax compliance technology.