If you are audited by the IRS, will your deductions stand up to close scrutiny? If you take your case to court, will you come out a winner or wind up owing even more money? You’ll find answers to these important questions in our must-read new article titled Tax Audit Tips for Travel, Entertainment, and Education. Don’t miss it! Three ways our fact-filled article can help … [Read more...]
Audits
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Why a tax audit of your C corporation may be in your future
Watch out! After receiving budget increases in 2009 and 2010, the IRS is in the midst of its largest hiring initiative in recent years. The result? They’ll have scores of new revenue agents auditing small-business C corporations. What’s the threat to you? How can you protect yourself? You’ll find answers in our must-read new article titled Tax Tips: Tax Audits of … [Read more...]
Surviving a tax audit for entertainment & vehicle deductions
There are two frightening words no one ever wants to hear… “IRS Audit.” Yet, you may be among the countless thousands of men and women whose entertainment and/or vehicle deductions will be closely audited by the IRS. Will you sail through the audit process without a problem, or will you owe thousands of dollars and face possible penalties? You’ll find answers to these … [Read more...]