The challenge of having to navigate countless forms and compiling all of the correct information can turn tax season into an ...

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 IRS pays attention to certain tax return claims that are open to fraud more than others. You can find out how to avoid ...

THE Bureau of Internal Revenue (BIR) has established a dedicated task force to audit social media influencers for tax registration compliance and tax payments. Lawyer Ron Mikhail Uy, representing the ...

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 ...

Want to minimize your income taxes? We explain the benefits of online tax preparation software, from taking advantage of ...

Lee Joon Gi’s agency clarifies his tax audit, saying the reassessment stemmed from differing interpretations of tax laws. The ...

Everyone dreads the idea of a tax audit. And luckily, almost no one gets one. Only 0.2% of taxpayers who made less than $1 million in 2021 were served an audit notice from the Internal Revenue Service ...

With tax season here, understanding whether to itemize deductions or take the standard deduction can help you maximize ...