The Most Common Irs Audit Myths
Having a home office is an audit red flag. This myth was more popular when fewer people had home offices, but is definitely not true these days. Home offices are quite common today, and it alone will no longer flag you for an audit. However, that [...]
Irs Normal Retirement Age
It is fascinating to note that the IRS speaks of their IRS normal retirement age so often that it’s been relegated its own acronym or three initialsNRAwithin their own publications. A normal retirement age usually refers to an age that has been set forth within a retirement plan. [...]
Correspondence From The Irs – Yikes!
It’s a moment every person dreads. You pick up the mail and there is an envelope from the IRS. It’s not a refund check. What do you do?
Don’t Panic Each year, the IRS sends out millions of ‘correspondence audits’ to taxpayers to request payment of [...]