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Why the IRS doesn't need to audit you to empty your bank account
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.
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Can you still get your tax refund during an IRS audit?
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 ...
Facing the IRS can be unsettling, even for those confident in their tax filings. While most returns pass through without issue, certain patterns or errors may prompt closer scrutiny. In 2023, the IRS ...
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8 Common Mistakes That Could Trigger an IRS Audit
Each year, more than one hundred million Americans file their tax returns. While this process is routine, it is filled with pitfalls. Most taxpayers intend to comply with their obligations, but ...
Question: I just received an audit notice from the Internal Revenue Service for my 2023 S corporation and individual income tax returns. I prepared the bookkeeping and tax returns myself. The IRS has ...
Most tax audits don't start because someone tried to cheat the system. Take it from me, I was audited three times by the IRS in my 20s. A good-faith error one year ...
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