Tips and advice on how to avoid getting audited by the Internal Revenue Service (IRS) abound. But why bother? Does it really matter if you get an IRS agent knocking on your door or a mailing from the agency stating that they are going to conduct a...

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Various federal agencies are experiencing cuts under the new presidential administration. One agency that has been hit particularly hard in recent years is the Internal Revenue Service (IRS). As the number of workers within this agency declines, the...

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In our previous post, we took note of a 10-year limitation period for the IRS to collect back taxes. But when does the clock begin ticking on that ten-year tax debt collection period? And, as with tax audits, are there exceptions that can extend it? 

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If you are concerned about getting audited by the Internal Revenue Services (IRS), you are not alone. In fact, these concerns are so common that the financial experts with Forbes recently published a piece with a handful of tips to avoid become the ...

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Starting up a business or adding a side consultancy can immediately complicate your tax return. Make a mistake and the penalties and interest can easily inflate a past due tax balance.

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Tax season is in full swing. Anyone that has been gathering their tax documents has likely had concerns about the potential of an audit. What if the Internal Revenue Service (IRS) digs deeper into your returns? What if your deduction numbers are...

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The National Taxpayer Advocate is a little-publicized position within the Internal Revenue Service. Appointed in 2001, Nina Olson's job is to be the voice of tax-paying citizens. 

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While the world prepares itself for another calendar change, the Internal Revenue Service is preparing for a new tax-filing season. With the final few pages of 2016 being turned, it makes sense for all of us to take a glance ahead at what the IRS...

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Few things were as dreaded in school as a pop quiz. Today's blog post is the opposite of a pop quiz. We are going to give you both the questions and answers that could prove useful if you ever face the taxpayer test known as an IRS audit.

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Chicago Cubs fans will be forgiven if they have fallen into a state of oblivious complacency. All worries vanished when their team finally won the World Series. But that state of tranquility can be smashed in a heartbeat when you receive a letter...

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