When a person becomes a CPA (Certified Public Accountant), they have attained a highly desirable rung in the accounting ladder. The reason for this is that, as a CPA, the person has...
Posted by KLSM CPA Firm PLLC on 01/09/2022
The IRS and state tax departments can perform tax audits. The following information is based on IRS tax audits, but keep in mind that most state audit processes and procedures are...
Posted by The TaxAdvocate Group, LLC on 12/18/2021
While many people do not see receipt as a big deal, it is not so with small businesses. Savvy business owners need to keep receipts so that their tax returns can have a bearing during...
Posted by CORE PERFORMANCE on 10/18/2021
Typically, more than $3000 is the average tax refund. The moment you find out that your refund is lower than the said value or worst when you realize that you owe money - fudging...
Posted by Unifirst Financial & Tax Consultants on 06/22/2020
IRS lacks funds and employees and that is the reason why most of the tax returns are being ignored. However, according to a report from Kiplinger, if you have foreign assets, income...
Posted by Abundant Wealth Planning LLC on 04/03/2020
The Internal Revenue Service (IRS) has a lot of time to ensure your tax condition is on the up-and-up. The tax code grants the IRS three years to audit your tax return and ten years...
Posted by BEST FINANCIAL GROUP LTD on 05/01/2019
Before we go in to the discussion regarding how long can the IRS audit last, let us first look in to the concept or IRS audit and why it is necessary? So, an IRS audit or the appraisal...
Posted by Unifirst Financial & Tax Consultants on 12/13/2018
Mostly people wonder that how long does the IRS have to audit your tax return but no one has the exact answer. It can surely depend upon your own case that how long does the IRS have...
Posted by Unifirst Financial & Tax Consultants on 07/23/2018
Many U.S. businesses will face the threat of increased exposure to unclaimed property in 2021 as states and private parties step up audits, litigation, and legislative changes aimed...
Posted by One Stop Taxes on 02/23/2021
