IRS Tax Tip 2022-50: Filing season security tip: Know the facts about how the IRS contacts taxpayers The IRS has reminded taxpayers how it will and, perhaps more importantly, will not contact taxpayers. When the IRS needs to contact a taxpayer, usually it first...
Innovative Strategies For Winning Tax Controversies, Business Structuring And Estate Planning
Audit Red Flags
IRS Audits of Businesses
IRS AUDIT TECHNIQUES GUIDES PROVIDE CLUES TO WHAT MAY COME UP IF YOUR BUSINESS IS AUDITED IRS examiners use Audit Techniques Guides (ATGs) to prepare for audits — and so can small business owners. Many ATGs target specific industries, such as construction. Others...
IRS Audit Red Flags
The following are the latest items the IRS focuses on for Tax Audits: 1. Company Cars – Employers frequently don’t report the taxable benefit that employees receive from their personal use of company-owned cars. The IRS plans to focus on the use of company cars,...
