FinanceBuzz on MSN
10 tax mistakes that could trigger an IRS audit (from someone audited)
Even simple mistakes can raise red flags with the IRS. Here's what deserves special attention so you can avoid triggering an ...
Retirees who think they can escape the IRS audit machine should think again.
As millions of taxpayers file returns, many worry that certain claims could boost their chances of being picked for an IRS audit. Regardless of your income, you shouldn't round numbers or estimate ...
The IRS audits very few returns, but mismatched income, overstated deductions, and easy-to-spot errors can still trigger IRS notices, reviews, and costly follow-ups.
If you have received an IRS Letter of Notification advising you that your return has been selected for audit, the most ...
For many taxpayers, the possibility of an IRS audit can be intimidating. While most taxpayers will never face an audit, it's essential to understand what triggers them, how the process works, and what ...
Following are examples of tried and proven tax-reduction tips: Get help. The U.S. Internal Revenue Code is 3.4 million words long. It changes every year, often in ways that directly affect ...
Question: I just received an audit notice from the Internal Revenue Service for my 2023 S corporation and individual income tax returns. I prepared the bookkeeping and tax returns myself. The IRS has ...
While IRS tax audits are rare, some filers worry their returns could be picked for examination. You can avoid future issues by keeping receipts and other records to support your claims, experts say.
Some results have been hidden because they may be inaccessible to you
Show inaccessible results