There are times the IRS audit could just be random. According to history, no less than 1% of the American population is usually audited every year. While a handful of this is typically...
Posted by BEST FINANCIAL GROUP LTD on 03/27/2020
Somewhat more than one million taxpayers confronted an Internal Revenue Service (IRS) audit of their tax return in 2017, yet that represented under 1%of all profits. If you do...
Posted by Larry Kenneth Hurt on 05/29/2019
IRS audits, initially: IRS audits are uncommon. The IRS does the more significant part of them via mail. A full, timely response is vital. One-on-one IRS audits are the rarest...
Posted by Unifirst Financials & Tax Advisors on 05/01/2019
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 Financials & Tax Advisors on 12/13/2018
Filing a tax return is a responsibility that all taxpayers must follow to stay compliant with the IRS. While most people will be able to file their taxes and escape any further inquiry...
Posted by Kohari & Gonzalez PLLC on 12/29/2018
The Internal Revenue Service, for the most part, educates taxpayers to hold duplicates concerning all tax returns and any applicable supporting documentation for at any rate the past...
Posted by Advantage Tax Services, Inc. on 05/24/2019
Are you among the 6 million taxpayers whose tax return got questioned by the IRS? This happens every year and these taxpayers are either audited or were sent a verification notice...
Posted by BRIAN PRZYSTUP & ASSOCIATES LLC on 05/24/2019
Though you may keep accurate financial records nevertheless, getting an IRS tax audit is scary- but if you didn't put in place your receipts, it certainly could be wrecking. Know...
Posted by Roland Zita, CPA on 05/20/2019
