These are the most common mistakes that can lead to an IRS audit, according to a tax lawyer. Here's how to avoid them.
Understanding what not to do is crucial to avoid an audit. Below, I’ll share several actions LLC business owners make that ...
It's never fun to get this type of letter from the IRS, but there are steps you can take to resolve the situation.
As tax season unfolds in the United States, the IRS is actively processing returns and issuing refunds. However, taxpayers ...
Fortunately, very few American taxpayers actually get audited by the IRS, but here are those that are more likely to get a ...
President Trump is planning to gut the work force while trying to turn the I.R.S. into a more political agency.
“All of a sudden, these cases are going to be closed and we’re going to look like idiots,” said a senior revenue agent, who ...
At least one member of Elon Musk's Department of Government Efficiency (DOGE) team visited the IRS offices in Washington D.C., on Thursday.
Every year, thousands of taxpayers receive notices from the IRS informing them that they have been selected for an audit.
While audits are a standard part of tax administration, they can become a significant challenge if your records are not in order. Being unprepared can lead to delays, penalties, or even severe ...
A $100-million lawsuit has just been launched against the Canada Revenue Agency (CRA) by a company audited for what the ...
The Nye County Room Tax fund receives the revenue generated by the tax charged on stays in hundreds of hotel rooms, RV slips and other forms of transient lodging throughout the county and each ...