The IRS announced it issued Publication 5125, Large Business & International Examination Process (LEP), which outlines a new examination process that will apply beginning May 1, 2016, to all taxpayer ...
Money Digest on MSN
This Type Of 'Loss' Could Increase Your Risk Of An IRS Audit
Some tax write-offs slip under the radar, but others can attract unwanted attention. One category in particular draws more ...
Getting an audit letter from the Internal Revenue Service (IRS) can be stressful, but it doesn't automatically mean you're in legal trouble. "Don't panic," says tax attorney Alyssa Maloof Whatley. "A ...
MiBolsilloColombia on MSN
IRS Audits: How to avoid Tax liens and seizures
When it comes to tax compliance, the Internal Revenue Service (IRS) is vigilant in ensuring that all income is accurately ...
MiBolsilloColombia on MSN
8 Common Mistakes That Could Trigger an IRS Audit
IRS audits can be triggered by errors in income, assets, deductions, or crypto. Accuracy, honesty, and proper records are the ...
The IRS understands that filing your taxes is like pulling teeth -- but that doesn't excuse sloppy filing or intentional ...
What are the IRS streamlined filing compliance procedures (known more commonly as the “streamlined procedures”), and when should a US taxpayer consider the IRS streamlined procedures to come into ...
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