News

Disclosure is a type of extra explanation. You are required to disclose enough detail to tell the IRS what you are doing. But ...
After the April 15 tax filing deadline, the IRS intensifies its scrutiny on taxpayers who may have committed tax fraud or significant errors in their returns. The focus is on detecting false ...
Navigating the requirements of the Voluntary Disclosure Program can present challenges. The complexity of tax laws means that ... associated with potential audits or investigations.
Getting an audit letter from the Internal Revenue Service (IRS) can be stressful, but it doesn't automatically mean you're in legal trouble. "Don't panic," says tax attorney Alyssa Maloof Whatley.
The IRS says it is about to ramp up audits as it cracks down on tax cheats and seeks to deliver more revenue into the U.S. Treasury's coffers. But not every group of taxpayers will face more ...
You may picture a tax audit like a scene in the movies ... You’ll receive a notice with your rights, the requirements for taking the case to Tax Court and the deadlines for doing it.
The prospect of an IRS audit can be daunting for many American taxpayers. Despite the common fear, the truth is that only a ...
The IRS’ second employee retention credit (ERC) voluntary disclosure program for businesses ... you will not be subject to an employment tax audit for ERC claims resolved through the program.