Tax Evasion Penalties and Tax Fraud Jail Sentences Guide
What happens if you skip out on paying taxes? It might seem like an easy way to save some cash,…
Mr. Michael Sullivan
Difference Between Payroll Tax and Income Tax: What Sets Them Apart?
Are Payroll Tax and Income Tax Identical? In the U.S. tax system, it's crucial to distinguish between various types of…
Mr. Michael Sullivan
What Occurs if You’re Audited by the IRS and Fail? Are There Audit Penalties?
Receiving an audit notice from the IRS can be unsettling. But, knowing the potential repercussions can help you address the…
Mr. Michael Sullivan
Exploring the Time Limits
Exploring the Time Limits: Statute of Limitations on IRS Collections The statute of limitations on IRS collections is a law…
Mr. Michael Sullivan
IRS Audit Letter: The Correspondence Audit
An IRS letter can send chills down the spine of any taxpayer. And if it's an audit letter from IRS,…
Mr. Michael Sullivan
How to File a Audit Reconsideration Request?
Let’s face the truth – hearing from the Internal Revenue service (IRS) is barely a happy moment, especially if it…
Mr. Michael Sullivan
10 Common Mistakes Made During IRS Audits and How to Avoid Them
Receiving a notice from the IRS is one of the scariest experiences as a taxpayer. It is unimaginable the stress…
Mr. Michael Sullivan
What If I Get An IRS Tax Audit And I Have No Receipts?
IRS tax audit is intimidating, especially because, in most cases, you’re usually unaware of the reason. Being self-employed, it is…
Mr. Michael Sullivan
What Is Innocent Spouse Relief? Definition, How to Qualify?
Did you ever file a joint tax return with your spouse, only to later dig out that there were piles…
Mr. Michael Sullivan
