This primer will help you decode the alphabet soup of IRS forms and understand your tax return. TABLE OF CONTENTS Many, many forms Which tax forms to use? Common tax form attachments Click to expand Key Takeaways Form 1040 is the foundation of your tax return. To file properly, you’...
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large corporationswith assets over $250 million with an expected “nearly triple audit rates” to 22.6% in tax year 2026, up from 8.8% in tax year 2019; large, complex partnershipswith assets over $10 million, with an “increase audit rates by nearly ten-fold” on going from 0.1% in 2...