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Posts tagged "IRS Audit"

Tax fraud: IRS continues to issue Dirty Dozen list of scams

Income tax fraud based on identity theft has been a major problem in recent years. The entire country has been affected and the problem is still ongoing. Indeed, as we shall discuss in this post, tax fraud by identity theft tops the list of tax-scam warnings issued this year by the IRS.

IRS Audits and Corporate Governance

The phrase "IRS audit" carries connotations that differ from taxpayer to taxpayer. If you've done all you can to file flawless tax returns, notice of an audit might seem like an outrage. Yet a different feeling - one of anxiety - could come if you fear you might have been too aggressive in your tax strategy.

IRS announces increase in number of audits

No one in Texas hopes to get a notification telling them their tax return is being audited. The very mention of an audit is dreaded by most people. Not only that, but if an audit is not handled properly, it can be extremely stressful and sometimes result in an even bigger tax bill. The last thing people want to hear is that the IRS is increasing the number of audits it performs.

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