The IRS is being very public about increasing the review of tax returns. The best defense for you is to be prepared before it happens. Here are some suggestions: The one-two punch To prove your [...]

The IRS is NOT Always Right Think twice about automatically paying the amount due on a notice Here are several quotes from actual IRS correspondence that serves as evidence that our national tax [...]

Audit! Getting audited is no one’s idea of a good time, yet you can minimize the stress if you take the right approach. Step 1: Understand why and when. While it’s possible you were [...]

Improve Next Year’s Tax Situation Now! Whether you receive a big refund or pay your taxes on tax day, taking action now can ensure next year’s tax bill is optimized by not paying a dollar [...]

Replacing Lost Tax Breaks for Your Growing Children Your kids are getting older. Before you know it they’ll be dating, driving and entering college (if they aren’t already!). Tax breaks [...]

Audit Target: The Sole Proprietor Each year the IRS publishes their activities in a publication called the Data Book. And each year for the past number of years the number one target of audits [...]

Stop the Clock: Your most important defense against an audit In a tax court decision, a judge ruled that a joint tax return not signed by both spouses is not a validly filed tax return.* This [...]

Reasons to File Early: When it makes sense to file a tax return as soon as you can The 2022 tax filing season officially begins when the IRS starts accepting tax returns in late January and early [...]

5 Year-End Tax Essentials Before 2022 comes to a close, take some time to review these essential items to ensure you are not missing something that could cause tax trouble when you file your tax [...]

Understanding Tax Terms: Contemporaneous Records Everyone needs to know what this means! If you have problems getting to sleep at night and you turn to the IRS tax code for help, you might find [...]