No one wants a letter from the IRS. While most audits are random, many are triggered by red flags on your return. As a business owner, freelancer, or high-income...
How to Handle a Tax Audit Getting audited by the IRS may sound intimidating, but with proper knowledge and preparation, it doesn’t have to be a nightmare. A tax...
Introduction IRS audits can be stressful, but understanding common audit red flags can help businesses and individuals avoid unnecessary scrutiny. The IRS uses automated systems and manual reviews to...
Introduction A tax audit is an IRS review of a taxpayer’s financial records and tax return to verify accuracy and compliance with tax laws. While most businesses and individuals...