Tag Archives: IRS

What to Do If You Are the Subject of a Tax Investigation?

Few things are quite as daunting as receiving a letter from the Internal Revenue Service informing you that you or your business is the subject of a tax investigation. Even if you’re convinced your tax returns are accurate and have been filed on time then the process can still be stressful, but if you have a suspicion there could be Continue reading

3 Reasons Why Fudging Your Taxes Is a Really, Really Bad Idea

From all-cash Christmas bonuses to cryptocurrency transactions, it can be tempting to omit hard-to-track income from your tax return (or to forget to include it). Plenty of people do: The IRS estimates the “tax gap” totals more than Continue reading