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Help – I Have an IRS Audit & I Have no Receipts

Help – I Have an IRS Audit & I Have no Receipts

The worst and last correspondence anyone expects from Uncle Sam is a notice of audit. It gets pretty complicated if there are no records like receipts and documentation of any sort...

Posted by Thomas G Kinsella, ATP on 05/06/2021

Torrance CA Tax Pro for IRS Audit Tax Preparer for No Receipts Audit Records Avoid Hiding Legal Representation Missing Records Cohan Rule Business Owner US Tax Council Proof Estimate Tax Credits Vendors Bank Accounts Credit Card Statement
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Red Flags That Can Trigger an IRS Tax Audit

Red Flags That Can Trigger an IRS Tax Audit

What is an IRS audit?The IRS may choose to examine the taxpayer's accounts and financial information to ensure that all tax laws are followed. Even though the IRS only verified...

Posted by James Financial Services Inc on 04/09/2021

Virginia Beach VA Tax Pro for IRS Audit IRS Audit Tax Return Personal Income Undeclared Income Form 1099 Tuition High Business Expenses Inconsistencies Separate Bank Accounts Self-Employed Mileage Log Foreign Banks Form 8938 Business Expen
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What to Expect During an IRS Audit

What to Expect During an IRS Audit

While the chances of being audited are slim, there is a possibility. The higher your income, the higher the probability of getting an audit. Many people dread an IRS audit; however,...

Posted by Abundant Wealth Planning LLC on 08/20/2020

Mountainside NJ Tax Pro for IRS Audit Tax Preparer for Preparing for an IRS Audit Find a Tax Accountant for an IRS Audit Handling the Auditor Challenging an IRS Audit
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