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 for an audit, it’s likely fraudulent. If you’ve determined that you’re definitely getting audited, your […]

IRS Issues Advice for the Tax Exempt

If you’re planning to enter the world of tax-exempt organizations, you first need to understand what a tax-exempt organization actually is. According to the IRS, the organization must fall into one of the following categories: charitable, religious, educational, scientific, literary, testing for public safety, fostering national or international amateur sports competition, or preventing cruelty to […]