Introduction Many taxpayers miss out on valuable tax deductions that can significantly lower their taxable income and increase their refund. Under various sections of the Internal Revenue Code (IRC),...
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...