Blog posts tagged with "irs"
The IRS continues to focus their audit activities in key small business areas. The wise business owner is well advised to be able to defend the following five areas to keep the IRS at a comfortable distance:
With all of the headlines about the changes to tax law, you probably have lots of questions. Here are answers to some of the most common questions taxpayers have this year.
Getting audited by the IRS is no fun. Some taxpayers are selected for random audits every year, but the chances of that happening to you are very small. You are much more likely to fall under the IRSâ€™s gaze if you make one of several common mistakes.
Getting audited by the IRS is no fun. However, your chances of being audited are probably lower than you think. A look at the latest IRS statistics for 2016 reveals some interesting and reassuring facts about the risk of an IRS audit.
The IRS is now using outside collection agencies to collect unpaid tax obligations. This new program will start slowly with only a few hundred taxpayers receiving mailings. The number will grow into the thousands later in the spring and into summer.
In the past few months, Iâ€™ve had clients call me in a panic because they had just received a phone call from someone claiming to be from the Internal Revenue Service
The IRS has revealed that its level of service to U.S. taxpayers is expected to decline due to a combination of factors – increased workloads and cuts to the agency
The 16-day government shut-down in October created sizable work backlogs at the IRS.
Incomplete substantiation of donations when filing resulted in a lost deduction for the contributions, per Tax Court. Regular gifts of $250 or more were disallowed.