Tag: IRS audit

Latest Posts From Tag: IRS audit

close up of individual tax return with audit stamped on it in red.
Personal Taxes

Your Privacy During an IRS Audit: What You Need to Know

During an audit, if the IRS finds no reasonable indication that you have unreported income, it won’t seek intrusive and extraneous information about your lifestyle. That may not make you less nervous about being audited, but it should reassure you

Read More
Small Business

What You Need To Know About An IRS Audit

First, make sure you really received an audit notification. The IRS will notify you by mail. The IRS does not notify taxpayers about audits by phone call or through email. If you do get an email saying you’ve been selected

Read More
Small Business

5 Tips for Avoiding a Small-Business Audit

Just the words “IRS audit” are enough to make most people roll their eyes or groan in pure agony. More specifically, business owners in particular often fear being audited by the IRS. That said, there are numerous steps people can

Read More