Tag Archives: audit
Getting a notice from the IRS can be stressful, but an IRS audit doesn’t have to be a catastrophe. An audit is simply a review of your financial information to ensure you’ve filed your tax return correctly according to tax law. Understanding the process is the first step to navigating it with confidence. This guide […]
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Believe it or not, the IRS does actually audit a significant number of returns. The common rumor is that the IRS audits fewer returns than you might think. However, the IRS generally audits tax returns six times more than is reported. The IRS reports auditing roughly a million taxpayers every year, (approximately 0.7% of all […]
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