Being contacted by the IRS can be extraordinarily stressful, especially if they plan to audit you or if you’ve been accused of significantly underpaying your taxes. It may seem like the notice you receive can be easily pushed aside and dealt with later, but don’t...
Receiving a letter of deficiency from the Internal Revenue Service (IRS) can cause significant concern for taxpayers. This formal communication indicates a discrepancy in your tax return, potentially leading to additional taxes owed. If you receive this notice, you...
To check if taxpayers are reporting their income and deductions correctly, the Internal Revenue Service (IRS) employs various methods, such as audits. However, the complex world of tax audits can be daunting. The two primary types of audits are correspondence and...
