General Tax Information

Even if federal taxes were deducted all year from your paycheck, you may have to pay more in April, depending on the total income you received. If you face a tax liability but can't afford it,...

Just when you think you are clear of the IRS by filing your taxes, you receive a letter in the mail that you are being audited. An audit is when the IRS, or Internal Revenue Service, reviews your...

Facing an IRS Tax Audit? You do not have to walk in defeated just because you have IRS tax problems. You can win an IRS Tax Audit and walk away vindicated. You will need to be careful with what...

Every year a little over 1% of Americans gets a letter stating that their federal tax return is being audited by the IRS. This process can be both emotionally and physically draining. Being a...

To start a financial statement audit, the auditor will send a prepared by client request list also called a PBC list. Get a financial statement audit started by beginning this list and using this...

Financial audits can get expensive so knowing the type of audit being done is important to assuring the price stays fair. Ensure the price an auditor has quoted is a fair one and is not too high...

When selling a business the first thing most buyers want to see is an audited financial statement and it is very important to figure out who's going to give the best audit for the sale. Find a...

If the info I am about to share is ever needed, you will know what not to take with you to a tax audit. We might know someone who can benefit from this too.

When you get audited by the IRS, your tax return is not the only thing being examined. You are on trial as well, and your behavior will determine to some extent how your audit goes. This article...

Negotiation is an art, not a science. In this article I will show you the language that you need to speak—when trying to reduce the amount of tax—the IRS auditor says you must pay.

An audit is the IRS's way to recovery money they feel you owe them. An IRS audit is an experience many people fear having to go through. Nonetheless, there are things you can do to make sure you...