The IRS has alerted taxpayers that there is a new twist on an old phone scam. Criminals are using telephone numbers that mimic IRS Taxpayer Assistance Centers (TAC) to trick taxpayers into paying ...Read more
If you claim the mileage deduction on your tax return, you need to be able to back it up with an adequate mileage log in the event of an IRS tax audit. Failure to do so could prove costly. Alvaro ...Read more
For years, IRS audit rates have been declining as Congress has cut the IRS budget and its workforce has shrunk. The agency has relapsed its audit statistics for 2017, which marked the sixth ...Read more
If you owe the IRS taxes and have a substantial outstanding balance, there are several legal means the government uses to get those past due taxes paid. Continue reading to find out how this may ...Read more