Don't want fat penalties? Here's what triggers the IRS' attention and how to stay off its radar.
The IRS audits very few returns, but mismatched income, overstated deductions, and easy-to-spot errors can still trigger IRS notices, reviews, and costly follow-ups.
If the IRS notifies you of an audit, and you expected a tax return, you probably have a lot of questions. Will you ever get ...
If you have received an IRS Letter of Notification advising you that your return has been selected for audit, the most important thing to ...
A stock photo of a Red Audit stamp on a 1040 US individual income tax return. Photographed at 50mp with the Canon EOS 5DSR and the 100mm 2.8 L lens. The IRS wants you to “disclose” if you do not have ...
A stock photo of a Red Audit stamp on a 1040 US individual income tax return. Photographed at 50mp with the Canon EOS 5DSR and the 100mm 2.8 L lens. It is only natural to be worried about being ...
For many taxpayers, the possibility of an IRS audit can be intimidating. While most taxpayers will never face an audit, it's essential to understand what triggers them, how the process works, and what ...
Getting an audit letter from the Internal Revenue Service (IRS) can cause concern for even the most organized taxpayer. If you've received one of these letters after filing your taxes, you might ...
Retirees who think they can escape the IRS audit machine should think again.
Being in business for yourself can be exciting, lucrative, and a great way to draw the attention of the IRS's audit division. The IRS has audited significantly less than 1% of all individual returns ...
As the government shutdown drags into its fourth week, the essential functions of the IRS such as revenue collection and criminal investigations remain in effect, but taxpayers with a special ...