Just thinking about an IRS audit makes most small business owners feel their pulse accelerate. Horror stories abound, and many of them are true. The
As a self-employed business owner, you can deduct advertising costs, office supplies and entertainment expenses on your tax return. These and other deductions can trigger
In recent months, the IRS has issued a number of alerts to make taxpayers aware of a constantly evolving array of scams designed to impersonate
Last summer, the Washington Times reported that the IRS paid out more than $24 billion dollars in refunds for 2016 based on potentially incorrect or
“Every time I turn around, cats got they hands out wanting something from me. I ain’t got it, so you can’t get it.” These lyrics
A sizeable tax bill to the IRS is bad enough on its own, but if you’re late in paying it, fail to file or make
It’s payday, and you eagerly check your bank account balance. Imagine your surprise when you see that it’s way smaller than you expected. What happened?
CNN reports that the IRS conducted one million audits in 2015. Take time to understand details about a self-employment or Schedule C audit as you
During an IRS audit, you may feel confused, angry and frustrated. Your actions can determine the outcome of your audit. Avoid the mistakes listed below.
If you need surgery on your broken leg, you may need to see an orthopedic specialist. In the same way, IRS enrolled agent is a certified
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