At one time or the other, most of us get involved in one kind of venture or another, sort of trying your hand at something different. Sometimes we make money in these ventures and the IRS can be counted on…
The first thing to keep in mind when picking a suitable tax preparer is the cardinal rule: you are responsible for your tax return. Translation – pick your tax return preparer carefully! Unqualified tax preparers may not only overlook legitimate…
1. Unreported 1099 Income – This is perhaps the easiest way IRS can track down non-complying taxpayers. Every single Form 1099 issued to a taxpayer is only but a copy of the one in IRS records – IRS is aware…