IRS Gets an $80 Billion Budget Increase
The Inflation Reduction Act gives the IRS an additional $80 billion per year to increase services and collections.
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The Inflation Reduction Act gives the IRS an additional $80 billion per year to increase services and collections.
Tax penalties can lead to many sleepless nights for taxpayers who owe the Internal Revenue Service (IRS). Delinquent taxes are
These are some of the top IRS audit triggers that could cause a closer look at your return. See our IRS Audit Survival Guide for more info.
Normally, the IRS can go back 3 years to audit you, but they can sometimes go back 6 years or indefinitely. Learn why from our tax lawyers.
The Qualified Small Business Stock (QSBS) tax exemption is a very powerful tax saving tool for those who qualify—it can
If you received an IRS crypto warning letter, you should call us sooner rather than later.
Not to be those people…but we told you so. Cryptocurrency Tax Letter 6174-A: IRS on the Hunt for Virtual Currency
Do you disagree with your IRS income tax audit results? Good news: You can protest — a.k.a, submit an IRS
If a person is audited by the IRS and agrees with the audit findings, he/she may sign an agreement form
Failing to report income can result in severe penalties including fines and incarceration. You must account for all income sources
When auditors discover fraudulent tax deductions, they asses hefty fines — and in the most egregious cases pursue criminal charges.
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