To help understand why people get chosen for audits, and better yet, how you can avoid them yourself, please enjoy this list of ways to prevent an IRS audit.
Keep Neat One of the easiest ways to get audited is by simply not providing all the correct documentation. When doing your taxes, it can be [...]

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Do you stress during tax season? A lot of the people who stress during tax season do so because they are still using a pencil and forms to get their taxes done and they aren’t sure if they are getting all of the numbers just right. These can lead to some nerve wracking on [...]

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April 15 is looming just around the corner and many are scrambling to find any income deduction they can to reduce their tax burden. No one likes paying Uncle Sam more than their fair share.
One segment of the population that is sitting pretty this tax season is the group engaged in home-based businesses. Running a [...]

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Fears of an IRS audit have given rise to many odd myths over the years, some of which are just too crazy to believe. However, there are still some myths out there that remain common beliefs to thousands of taxpayers.
Having a home office is an audit red flag. This myth was more popular when fewer [...]

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It’s that time of year again when the taxman wants to know how much you have earned and how much tax you owe him. Don’t forget that your individual tax return has to be returned to the Internal Revenue Service (IRS) by April 15 this year, unless you have applied for, and received an extension.
We [...]

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Choosing a tax preparer may seem like an easy task, but if you do not choose carefully, you could end up losing money. If you select an untrained preparer you could miss important deductions and credits, or, on the flip side, they could get you in trouble with the IRS by taking advantage of too [...]

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