Let Morgan Sebastian Law Help Solve Your Tax Problem
If you’ve recently gone through an IRS audit and feel the results were wrong, you might be wondering what options are available. One option is an IRS audit reconsideration, which could help correct mistakes or reopen your case. Let’s explore what this process...
If you are facing a tax audit and are unable to pay the full amount owed, you may wonder if there is a way to settle your tax debt for less than what the IRS claims. One possible solution is an Offer in Compromise (OIC), a program that allows taxpayers to settle their...
Tax audits can be stressful, but preparation makes the process manageable. The IRS has updated its audit selection methods, incorporating advanced technology and data analytics. Taxpayers can stay ahead by adopting strategies that ensure compliance and readiness....
Self-employed individuals face unique challenges when preparing for a potential audit. By staying proactive and organized, they can reduce the stress and risks of a tax audit. Maintain thorough documentation The most important aspect of preparing for an audit is...
Dealing with the Internal Revenue Service (IRS) can be daunting, especially if it involves an audit. One common question many taxpayers have is about the extent of the IRS's reach into past tax years. Understanding how far back the IRS can audit can help taxpayers...
Receiving a notification for a tax audit can naturally cause some anxiety. Understanding what a tax audit involves can help alleviate your concerns and prepare you for the process ahead. If the IRS has notified you of an audit, it’s helpful to understand the process...
Being audited can be a nerve-wracking experience. After getting through the process, many individuals wonder about the likelihood of facing another audit in the future. It is wise to explore the factors that may influence the chances of a reaudit and to learn what you...
Tax audits are a daunting prospect for anyone. They can be time-consuming and may result in financial consequences. To minimize the chances of a tax audit, various strategies help maintain your financial security and ensure you comply with tax laws. Deliver accurate...
IRS audits can be a daunting experience, especially if you have never been through one before. Tax audits can happen at random or due to discrepancies in your tax returns. When you receive an audit notice, carefully read it to determine the type of audit and the...
Correspondence from the IRS that they plan to audit your taxes could cause uncertainty and angst. Knowing some of the reasons why they might do this can help you prepare a defense. The good news is, even if the IRS finds something concerning, you can eventually remedy...
