An IRS Audit is a review carried out by various IRS agents to ensure that all information and accounts in the filed taxes are reported correctly. It makes sure that you’re following all tax paying rules and don’t have any discrepancies in your return. If you’ve filed your taxes properly, there is very little chance […]
Filing US tax returns should be an essential concern for all US citizens, regardless of where you live or work. US citizens, with an income above a certain threshold, have to report their income from all sources. This includes, but is not limited to, any wages, business profits, capital gains or dividend income. Why should […]
Tax season is a stressful time. Not only does it mean possibly paying money to the government, but if a business doesn’t report its earnings correctly, it can lead to consequences — some more serious than others. Thankfully, with an understanding of your obligations and the rules for filing, you can avoid issues with your […]