The IRS can issue an assessment for back taxes and penalties in a civil matter, without having to prove that you had any intent to evade your taxes. All that is necessary for the IRS to say that you owe…
Many people take on an air of fear when they are forced to deal with the IRS, and understandably so. There are definite ramifications when you are subject to an IRS audit. Not only could you end up owing a…
Tax planning serves a number of important purposes. Ideally, you are attempting to utilize strategies that can help minimize the amount of money that you must pay in tax. In addition, tax planning is also about managing your risk and…