Although the IRS does not subject a large number of tax returns to an audit, they are more likely to pay close attention to your situation if they notice certain things about your return. Therefore, it is in your best…
How does the IRS respond to unpaid tax debt? When taxpayers owe more in taxes than they can afford, the IRS has a structured process for pursuing collection. Initially, the agency sends notices to alert individuals of their outstanding balance.…
What is the difference between a civil tax audit and a criminal tax investigation? Shamsey Oloko explained that a civil audit typically results in the taxpayer owing money, which could be a small or large amount, or sometimes no penalty…