Internal Revenue Service (IRS) However he says that the fear of being audited shouldn't keep them from taking deductions and provides information on how to prepare for a possible audit and queries from IRSClarkPatrickBusinessWeek.com
How to Get Ready for an IRS Audit. 来自 EBSCO 喜欢 0 阅读量: 11 作者:Clark,Patrick 摘要: The article reports that according to Jackie Perlman, principal tax analyst at the Tax Institute, the research and analysis division of H&R Block, the self-employed are more likely to be asked to ...
Audit.The very word can send shivers up the spine of even the most conservativetaxpayer. For many, this dreaded procedure results in either nightmarish visits to theInternal Revenue Service (IRS)office or visits fromrevenue agentsto their homes and businesses. The result is often an assessment of...
as well as how to be prepared in case the tax agency does audit you. While it's impossible to fully inoculate yourself give that portion of audits are truly random, tax experts say there are steps you can take to minimize the likelihood of receiving that feared notice from the IRS. ...
to make it through an audit without any trouble. If, however, you hired a professional to prepare your taxes and you're confused about the claims within them, you will most likely want to hire an expert to help you with compilation of documentation and communicate with the IRS through your...
The Audit Letter The second type of letter you may get from the IRS is one asking for certain documents to support adeductionor other position taken on your return.2 This a real, albeit small, audit: a correspondence audit. Maybe the IRS wants to see a written acknowledgment from a ...
Finally, I had a great sense of dread when the IRS audit documents arrived at my house but I had no sense of fear. Honestly, as soon as I read the paperwork I knew it was going to be a major pain and I dreaded having to produce all the canceled checks and documents in questions...
One of the most common scams involves telemarketers who pressure victims to wire money to a "taxation bureau" before a cash prize can be delivered. In another scam, con artists pose as IRS agents conducting an audit. They gain access to victims' Social Security numbers, credit cards...
Related:Tax Horror Stories That Will Make You Fear the IRS stevanovicigor/istockphoto 1. Deviate from the Norm The IRS freely admits that it needs only a single anomaly toaudit a return. Sometimes, audits are based solely on a statistical formula that your return had the misfortune of devi...
When it comes to an IRS audit, it’s important to avoid the patterns of behavior and record-keeping that can raise suspicions. Another thing the IRS is looking for is the blurring of the lines between personal and business expenses. If you’re a farmer or a sole proprietor, it’s imp...