Posts Tagged ‘tax audit’
Three Ways to Avoid Tax Audits, Expanded
Top three (of 10) ways to avoid a tax audit. From our series of the top 10 ways to avoid a tax audit, we thought we would go into greater detail about the first three tips. More to follow… We’ll explain how our list was created and expand upon each suggestion. The list was created…
Read More10 Ways to Avoid a Tax Audit
10 Ways to Avoid a Tax Audit We have culled together multiple lists to identify the top 10 ways to avoid a tax audit. We will list our top 10 at the bottom of the article. If you’ve never been audited by the IRS, you’re likely doing a lot of things correct. However, if you’re…
Read MoreIs Trump’s Tax Avoidance a Crime?
Is Trump’s tax avoidance a crime? Every Presidential candidate since 1976 has released their tax returns to the public, everyone except for Donald Trump. The New York Times was able to obtain years of Trump’s tax returns, and on September 27th, 2020, launched the following headline across the web: LONG-CONCEALED RECORDS SHOW TRUMP’S CHRONIC LOSSES…
Read MoreTips for the Self Employed in Avoiding an IRS Audit
Tips for the Self Employed in Avoiding an IRS Audit If you are self-employed, the chance that you have of being selected for an IRS audit will be closer to your ballpark. The IRS looks for red flags that when processing tax returns, targeting individuals to potentially audit. Self-employment is a flag in itself as…
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