Audits can be a stressful prospect for a lot of folks, but you shouldn't let yourself get too worked up about them.

If you're receiving payments on platforms like Venmo or PayPal, you'll likely get 1099-Ks at tax time. What are they and what ...

It's never fun to get this type of letter from the IRS, but there are steps you can take to resolve the situation.

Doing your taxes is only part of the job. After your returns are filed, it's important to keep the related documentation ...

These are the most common mistakes that can lead to an IRS audit, according to a tax lawyer. Here's how to avoid them.

Understanding what not to do is crucial to avoid an audit. Below, I’ll share several actions LLC business owners make that ...

The U.S. tax code does not allow taxpayers to deduct penalties assessed by the Internal Revenue Service. However, they may ...

Audits are one of the main tools the IRS uses to ensure that it's being paid the right amount of income taxes. With roughly a month left to go until Tax Day, a lot folks out there have already ...