Some people are able to easily pay their taxes on their own, but others might struggle with it and benefit from working with an attorney and accountant. An attorney may be necessary if you're dealing with self-employment matters or issues with the Internal Revenue...
You have always done your best to run your business correctly. That's why you were surprised to see a letter from the IRS wanting to do an audit with the implication that your taxes have not been correct.Most businesses and people get audited at one time or another,...
Are you expecting a holiday gift or bonus? If so, terrific. You should be aware, however, that gifts and bonuses are taxable as income. Even if your employer specifically states that you're receiving a gift, the IRS won't treat that present as an actual gift but...
Did you know the IRS has three kinds of audits? The most common is the correspondence audit, where the agency challenges your return in a letter. The next most common is the office audit, where you are invited to come to the nearest IRS office to defend your taxes....
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