No matter if you’re a business owner or an individual taxpayer, receiving a tax audit notice from the IRS can be an unsettling experience. In the 2023 fiscal year alone, the IRS audited 582,944 tax returns, uncovering nearly $31.9 billion in additional taxes....
Filing taxes is a responsibility that depends on your income level, filing status, and eligibility for certain tax credits. If you earn below a specific threshold, you may not be required to file a tax return. However, even if you’re not legally obligated, filing...
Understanding the difference between a Tax Attorney and a Certified Public Accountant (CPA) is crucial when dealing with tax issues. While both professionals work with taxes, a tax attorney provides legal expertise that a CPA cannot. Tax attorneys specialize in IRS...
You want your taxes handled professionally, but that doesn’t mean you want to get lost in the details. As tax season approaches, you might be wondering—should you hire an expert for tax preparation to ensure full tax compliance? When to Engage a Tax Professional for...
If you need more time to file your personal tax return, you can request an extension using IRS Form 4868. This extension grants you an additional six months, shifting the deadline from April to October. One of the biggest advantages of filing for an extension is that... 
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