After several years of tight budgets, the IRS recently received a budget increase. This will allow it to reenter geographical areas where it has had to pull most of its physical presence. Staff has been expanding and enforcement efforts are being increased.
For a lot of Americans, the tax return deadline came and went without incident. For many, their returns were much like they always are: straightforward and relatively easy to file. But for some individuals, the process may not have been so simple.
Each year during tax season, we receive questions from many Georgia taxpayers about IRS audits. In particular, individuals and small business owners want to know what they can do to minimize their risk of being audited. While there is no way to completely avoid an audit, being accurate when completing your tax filings should help. Accuracy will also work in your favor if the IRS selects your tax return to audit.