What Does an IRS Audit letter Look Like and How Should I Respond?
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What Does an IRS Audit letter Look Like and How Should I Respond?

As we have mentioned in other articles on this website, receiving an IRS audit letter is a stressful event for any taxpayer. There are so many variables in most tax returns and many different factors may contribute to a tax audit. Reasons For an Tax Audit Per the IRS, selection for an audit does not…

What the Inflation Reduction Act Could Mean for Taxpayers
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What the Inflation Reduction Act Could Mean for Taxpayers

The Internal Revenue Service is at last going to get the extra budget that has been lacking to process tax issues. The Inflation Reduction Act calls for providing almost $78 billion to the IRS over the next 10 years. Following extensive talks over the general spending bundle, the Senate passed the bill recently, sending the…