Posts Tagged ‘IRS audit’
What If The IRS Says You Owe Taxes? (CP 11)
Did you just get an IRS notice? If so, take a note at the type of notice. It will be listed in the upper right hand corner. Once you know what type of notice you received, please search this site (the one you’re on right now – www.USTaxAidServices.com) and you’ll likely find specific guidance on ...
Another Casualty of the New Tough IRS Audit Teams
We just heard from one of the purchasers of the IRS Survival Guide for Real Estate Professionals with Real Estate Investors, available through www.TaxLoopholes.com. He’d already gone through the tough Real Estate Professional audit with the IRS audit teams for 2005, 2006, and 2007. He’d had everything denied. He hired an expensive attorney and he ...
New Target for IRS Audits
The IRS is gearing up for the next onslaught of audit attacks. This time they’re after Sole Proprietorships aka Schedule C filers. Remember if you have a Single Member LLC and have NOT elected how to be taxed for your business, you’re going to default right into the Sole Proprietorship category. Based on the number ...
The New Wave of IRS Audits
The IRS is cracking down on tax preparers that commit fraud. And if you’re one of the people unlucky enough to get pulled into the claims that seem to be “too good to be true”, you’re asking for an audit. In the past few months, the IRS has seized client lists for tax preparers who: ...
