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.
This column is dedicated to those of you who spend much too much time worrying about getting selected for a tax audit. You ask, “What does ballroom dancing have to do with taxes and tax audits?” Let ...
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 ...
Navigating the seas of self-employment can be rough. We've got answers to common questions so you can have smoother sailing.