The IRS audit process can be a stressful experience for taxpayers, especially if you disagree with the audit's outcome. Fortunately, an option called "IRS audit reconsideration" allows you to request…
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Unreported income is a significant issue for the IRS. The agency estimates that the United States loses billions of dollars in tax revenue each year due to unreported income. Given…
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An IRS Notice of Deficiency, also known as a "90-day letter," is a notice that no taxpayer wants to receive. It was sent to you because the IRS is proposing…
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If you've been notified that your tax return is subject to an Internal Revenue Service (IRS) audit or examination, you may have received an IRS Information Document Request or IDR.…
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Tax audits are often the stuff of nightmares for many taxpayers. The idea of the Internal Revenue Service (IRS) combing through your financial records and scrutinizing your tax returns can…
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The Internal Revenue Service (IRS) is responsible for ensuring that taxpayers comply with tax laws and regulations. To accomplish this, the IRS employs two types of professionals who work with…
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The mention of an IRS tax audit has long been a cause for concern for taxpayers. Sometimes the concern is justifiable, while other times it's a fear arising from mythologies…
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Unfortunately, there is no concrete answer to the question, “How long does an IRS audit take?” There are many factors that determine how long a specific tax audit takes. No…
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Tax time can be one of the most hated times of the year. Just preparing the forms is enough to be an irritant, and if you owe the government money…
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Have you received an IRS audit letter or notice and don’t know what you should do next? Sometimes the response you need to provide might be simple, while other times…
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