How IRS Audits Are Changing

Honestly, nothing strikes fear into the heart of a business owner like the term “audit”.  It is a guarantee to make managers reach for the antacid. …And it’s been like that for decades!We are starting to see some new trends in this old nemesis of business.  Here are a few examples to give you new nightmares:Virtual […]

Continue reading

Bankruptcy

Some tax debt may qualify for discharge in bankruptcy.To qualify, all of the following must be true about the tax debt:It is income tax not payroll or fraud penalties.It is not from fraud or willful tax evasion.The tax years it relates to is at least three years old.The tax debt is from filed returns.The tax […]

Continue reading
1 2 3 4