Understanding what not to do is crucial to avoid an audit. Below, I’ll share several actions LLC business owners make that ...
These are the most common mistakes that can lead to an IRS audit, according to a tax lawyer. Here's how to avoid them.
It's never fun to get this type of letter from the IRS, but there are steps you can take to resolve the situation.
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In March 2025, a rumor spread online that most of the Internal Revenue Service (IRS) agents that U.S. President Donald ...
President Trump is planning to gut the work force while trying to turn the I.R.S. into a more political agency.
Fortunately, very few American taxpayers actually get audited by the IRS, but here are those that are more likely to get a ...
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MiBolsilloColombia on MSNIRS Audits: In which cases there is no tax refundAs tax season unfolds in the United States, the IRS is actively processing returns and issuing refunds. However, taxpayers ...
“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 ...
The "advice" calls for taxpayers to claim large income and withholding amounts in order to receive a larger tax refund.
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 ...
MARTA is pushing back on an independent audit commissioned by the City of Atlanta that claims the transit agency has shorted $70 million for expansion projects funded by a city sales tax. A new ...
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