Why You Shouldn’t Talk To The IRS Without A Tax Lawyer?

Why You Shouldn’t Talk To The IRS Without A Tax Lawyer?

It might seem like a good idea to call the IRS yourself if you’re facing a tax issue — but it’s not. Taxpayers across the U.S. should avoid talking directly to the IRS. The IRS holds a lot of authority, and their agents are highly trained to handle people...
What Does Tax Preparation Do And How Can It Benefit You?

What Does Tax Preparation Do And How Can It Benefit You?

A tax preparer specializes in calculating, preparing, and filing income tax returns for both individuals and businesses. There are different types of tax preparers—some hold certifications from professional organizations, while others do not. Knowing their credentials...
What Is The Penalty For Tax Audit If You Fail From The IRS?

What Is The Penalty For Tax Audit If You Fail From The IRS?

If you’re concerned about a tax audit and its consequences, you’re not alone. Failing an IRS audit may lead to penalties related to your tax return. Though it can be a stressful situation, the impact of a tax audit doesn’t always result in disaster. The...
What Typically Triggers A Tax Audit And What Should You Do?

What Typically Triggers A Tax Audit And What Should You Do?

Tax Day arrives quickly each year. As you start preparing and filing your taxes, remember that audits are a possibility. Furthermore, the IRS can scrutinize your last three years of tax returns. These returns fall within the statute of limitations, which gives the IRS...
Who Can I Hire To Do My Taxes Or As A Tax Professional?

Who Can I Hire To Do My Taxes Or As A Tax Professional?

When searching for a tax preparer, always ask for their credentials and conduct a background check. If you’ve worked with a tax preparer before, did you inquire about their professional qualifications? Many people neglect to do so, even though tax professionals...