Articles from Article Alley, tagged with "irs audit" http://www.articlealley.com en-us editorial@articlealley.com Simple and Effective Tax Reduction Tips About one percent of taxpayers receive an IRS audit notice in the mail each year. Most of these missives are little more than requests for additional information. Perhaps you made a math error or failed to include your social security number or to sign yo... http://www.articlealley.com/http://dorifaxton.articlealley.com/simple-and-effective-tax-reduction-tips-2380850.html 22nd October 2011 Tax Reduction Advice from the Experts American economists generally agree that the latest recession was the worst financial downturn since the Great Depression. Millions of jobs, homes, and fortunes were lost in a little over a year and half. The US emerged from this economic crisis in June o... http://www.articlealley.com/http://dorifaxton.articlealley.com/tax-reduction-advice-from-the-experts-2375556.html 14th October 2011 Difference between a Personal Audit and a Business Audit The term “audit" lends itself to a variety of situations that may not be considered when first considered. Most people probably think of the standard IRS audit – the process by which an individual’s tax return in put into question and their financial bac... http://www.articlealley.com/http://felixchesterfield.articlealley.com/difference-between-a-personal-audit-and-a-business-audit-2286563.html 19th June 2011 How to Handle Being Audited One of the most painful experiences that an individual can go through is an IRS audit. It is worse than getting a tattoo, giving birth, and receiving a root canal combined. This is probably because the IRS agent charged with handling the auditee’s accou... http://www.articlealley.com/http://felixchesterfield.articlealley.com/how-to-handle-being-audited-2286562.html 19th June 2011 How long do you have to keep your statements? You have probably heard that you should retain copies of your federal tax returns for 7 years. Is that true, or a just myth? How long should you keep those quarterly and annual statements you get about your investment accounts? And how long should you kee... http://www.articlealley.com/http://jerry2.articlealley.com/how-long-do-you-have--to-keep-your-statements-2264629.html 03rd June 2011 CPA Los Angeles Reveal - What To Do If You Are Audited By The IRS If you receive a Notice of Audit from the IRS, you may at first feel as though you are going to faint. After all, there is nothing more frightening than getting some sort of notice from the internal revenue service that they are going to look into your t... http://www.articlealley.com/http://articlelink01.articlealley.com/cpa-los-angeles-reveal--what-to-do-if-you-are-audited-by-the-irs-2262308.html 02nd June 2011 IRS Audits Focus on Captive Insurance Plans April 2011 Edition April 2011 Edition By Lance Wallach The IRS started auditing § 419 plans in the 1990s, and then continued going after § 412(i) and other plans that they considered abusive, listed, or reportable transactions, or substantially similar to such transac... http://www.articlealley.com/http://lancewallach2.articlealley.com/irs-audits-focus-on-captive-insurance-plans-april-2011-edition-2213045.html 05th May 2011 I Received Certified Letters From the IRS - Help! No one likes getting a notice from the IRS, unless it is a sizeable tax refund check. The fear of an audit has become a bugaboo for American taxpayers. Why is this? One obvious explanation is that audits are rather rare. Only about 1.1 percent of all tax ... http://www.articlealley.com/http://dorifaxton.articlealley.com/i-received-certified-letters-from-the-irs--help-2202173.html 28th April 2011 IRS Audits: How to Reduce Risk Fear of an IRS audit is a tangible thing in the lives of many people. Even if they have diligently paid all their taxes and reported every penny they still have a fear of an audit. Audits can lead to loss of income, seized property and sometimes even a ja... http://www.articlealley.com/http://patlindle.articlealley.com/irs-audits-how-to-reduce-risk-2200311.html 28th April 2011 2010 Tax Deductions - Are You Claiming Every Deduction You Could Be? There's no such thing as an IRS audit for the purpose of identifying deductions that taxpayers miss (don't we wish?!). It's also extremely common for people to submit their tax return having no idea that they've missed important deductions and left a subs... http://www.articlealley.com/http://karenloyeporter.articlealley.com/2010-tax-deductions--are-you-claiming-every-deduction-you-could-be-2149007.html 29th March 2011 Back Tax IRS Help: The Essential Component Of Your Finances If you are planning your finances and are worried about your tax planning, or even your back tax, you should get help. It is no use trying to find and plan all your back tax logs without the help of a professional tax attorney, as it will only lead to fut... http://www.articlealley.com/http://dianavalentine.articlealley.com/back-tax-irs-help-the-essential-component-of-your-finances-2124992.html 17th March 2011 In Thailand, what on earth is a great auditing? why are many people critical? There are Auditing Services in Thailand.Many people have heard the word of mouth audit but we rarely determine what it actually means. If you are also trying to determine what an audit is then you definately are at the suitable place. An audit is quite si... http://www.articlealley.com/http://timfmtzhea.articlealley.com/in-thailand-what-on-earth-is-a-great-auditing-why-are-many-people-critical-2044995.html 18th February 2011 Expatriate Tax Return Audits Expatriate Tax Return AuditsAudit of Form 2555 - Foreign Earned Income ExclusionMost people call an audit of your form 2555, the Foreign Earned Income Exclusion form, an expatriate audit. We feel that an audit of the above form can, and may, lead to audit... http://www.articlealley.com/http://joemastriano2.articlealley.com/expatriate-tax-return-audits-1954370.html 13th January 2011 Accountant Brooklyn NY Tax Services - You Positively Need 1 Promptly Identical to folks in New York who rent an accountant New York city income tax personnel, it's usually advised that all taxpayers within the Brooklyn, NY area seek an accountant Brooklyn NY tax services to help in the preparation of tax returns. Most indi... http://www.articlealley.com/http://heathersimpson.articlealley.com/accountant-brooklyn-ny-tax-services--you-positively-need-1-promptly-1928685.html 04th January 2011 Accounting Records the IRS Require for Network Marketing/MLM and other Stay At Home Businesses Two questions frequently asked by Network Marketers are “What kind of business records do I have to keep for the IRS?", and “What’s kind of record-keeping system should I use in my business?" Operating a business without paying attention to record-keep... http://www.articlealley.com/http://jimflauaus.articlealley.com/accounting-records-the-irs-require-for-network-marketingmlm-and-other-stay-at-home-businesses-1912160.html 20th December 2010 How can Network Marketing / MLM Business Owners Qualify to Deduct Home Office Expenses? One of the questions that Network Marketing / Multi Level Marketing owners ask is “What do you have to do to qualify for the home office deduction?" There are strict requirements you must meet in order to qualify, and it pays to “know the (IRS) code" to ... http://www.articlealley.com/http://jimflauaus.articlealley.com/how-can-network-marketing--mlm-business-owners-qualify-to-deduct-home-office-expenses-1904238.html 15th December 2010 AmeriPride Tax Group Shows How A CPA is a distinct variety of financial professional. In addition to completing the CPA Exam, they will be licensed in their home state by way of the state authority. Although CPAs are recognized for their skill to handle advanced accounting matters and preparing tax returns, not every single CPA manages t... http://www.articlealley.com/http://ameripridetaxgroup.articlealley.com/ameripride-tax-group-shows-how-a-cpa-is-a-distinct-variety-of-financial-professional-1890948.html 08th December 2010 Life can be exhausting Life may be exhausting. Bills to cover, visitors to please, ice to remove your windshield. The Xmas season particularly appears to have more tiresome and fewer magical whenever you hit 25, probably since you realize your taxes are what's 'right just abo... http://www.articlealley.com/http://arturosmith.articlealley.com/life-can-be-exhausting-1888345.html 07th December 2010 Hiring The Best Tax Lawyer In Connecticut (CT) Many small business owners give up on hiring a tax lawyer until they face an IRS audit. There are numerous benefits of hiring a tax lawyer in Connecticut (CT). Hiring the best tax lawyer in Connecticut (CT), you can not only save yourself from IRS audit, ... http://www.articlealley.com/http://aliceshown.articlealley.com/hiring-the-best-tax-lawyer-in-connecticut-ct-1833861.html 10th November 2010 Why Hire IRS Attorney In Connecticut (CT) If you are a resident of the US, living in Connecticut (CT), you may not be able to avoid dealing with the Internal Revenue Service (IRS). With the tax laws changing from time to time, you may not be able to keep yourself updated with the changes. Due to ... http://www.articlealley.com/http://aliceshown.articlealley.com/why-hire-irs-attorney-in-connecticut-ct-1833858.html 10th November 2010 The Most Common Types of IRS Audits The IRS performs over a million audits per year on taxpayers and businesses. However, not every audit is performed in the exact same manner. There are actually three types of audits: the letter audit, the office review, and the field visit. If you are wor... http://www.articlealley.com/http://ronideutch.articlealley.com/the-most-common-types-of-irs-audits-1806542.html 21st October 2010 Tax Advantages of a Home Based Business To be eligible for business related deductions, you must use that part of your home claimed exclusively and regularly as the principal location of your business. You can calculate what percentage of the house is used for business, either by number of room... http://www.articlealley.com/http://douglasadams2.articlealley.com/tax-advantages-of-a-home-based-business-1744184.html 14th September 2010 How to prepare your IRS Audit Defense? IRS audits only a small fraction of the millions of tax returns that it receives each year. If we take the average of the returns that it audits in a year then it is just 2% of the total received. IRS do not audit a tax return until there is some kind of ... http://www.articlealley.com/http://bruceconans.articlealley.com/how-to-prepare-your-irs-audit-defense-1728913.html 02nd September 2010 7 Tips For Running a Side Business As a CPA who works primarily with small businesses and start-up businesses, I have decided to put together a list of the Top Tips for Running a Side Business. 1) Incorporate. The #1 most overlooked tip by people running side businesses is that they fai... http://www.articlealley.com/http://michaelthanley.articlealley.com/7-tips-for-running-a-side-business-1618879.html 24th June 2010 You Should Know the Right time to Hire a Business Lawyer Large corporations need their business lawyer to keep them out of trouble pertaining to their business ventures and operations. Small businesses on the other hand cannot yet afford to have a lawyer in the payroll. However, it is not a reason not to get on... http://www.articlealley.com/http://roanprice.articlealley.com/you-should-know-the-right-time-to-hire-a-business-lawyer-1579096.html 02nd June 2010 Keep a Close Watch on IRS Tax Audits Process | Get Acknowledge With New IRS Rules Could you ever sense of a situation where anybody is authorized to prepare your federal tax return in handful US states? Even tax preparers without holding any type of license, certification or meeting any competency requirements can charge a fee for the ... http://www.articlealley.com/http://danielsmith.articlealley.com/keep-a-close-watch-on-irs-tax-audits-process--get-acknowledge-with-new-irs-rules-1569540.html 26th May 2010 The Various Health Problems IRS Collections can Cause The stress of an IRS audit or the back tax collection process can lead to very serious health problems. To avoid a serious medical issue, please consider the following list of common health effects of IRS collections. By staying aware of potential problem... http://www.articlealley.com/http://ronideutch.articlealley.com/the-various-health-problems-irs-collections-can-cause-1465908.html 24th March 2010 Reduce Your Risk of an IRS Audit We all know and respect the importance of paying our taxes on time, but the process of accurate and accessible record keeping is essential in the event that your name is selected for an IRS audit. And although it is less than 2 percent annually that face ... http://www.articlealley.com/http://joecline.articlealley.com/reduce-your-risk-of-an-irs-audit-1441770.html 11th March 2010 How to Survive an IRS Audit There is nothing more frightening to a taxpayer than checking your mail and seeing a letter from the IRS letting you know that you are being audited. Fortunately, if you follow a few basic tips, you will find that an audit does not need to be as scary as ... http://www.articlealley.com/http://ronideutch.articlealley.com/how-to-survive-an-irs-audit-1320944.html 04th January 2010 Tax Relief Bonds- Important Facts About Tax Relief Bonds If you are searching for information related to tax relief bonds or any other such as crappie, fishing pictures, fishing bait and tackle or surf fishing com you have come to the right article. This piece will provide you with not just general tax relief b... http://www.articlealley.com/http://monty111.articlealley.com/tax-relief-bonds-important-facts-about-tax-relief-bonds-1267561.html 01st December 2009 Instant Tax Relief- Free Useful Guide About Instant Tax Relief It's difficult to provide accurate instant tax relief information, but we have gone through the rigor of putting together as much instant tax relief related information as possible. 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It provides a refreshing perspective that is much related to instant tax relief and in some manner related to ice fishing bait, fly fishing ... http://www.articlealley.com/http://monty111.articlealley.com/instant-tax-relief-free-interesting-tip-1264050.html 27th November 2009 American Tax Relief Free Related Article As you devour this article, remember that the rest of it contains valuable information related to American tax relief and in some way related to fly fishing book, fly fishing, fishing tackle stores or surf fisherman for your reading pleasure. If you do... http://www.articlealley.com/http://monty111.articlealley.com/american-tax-relief-free-related-article-1263689.html 27th November 2009 Save Taxes by Claiming a Home Office Deduction According to the IRS, the majority of American taxpayers working from home do not claim a home office deduction even though they're entitled to it. This is because they are unfamiliar with the rules governing the deduction and they are wary of its record-... http://www.articlealley.com/http://jovanajeriniccpa.articlealley.com/save-taxes-by-claiming-a-home-office-deduction-1230434.html 12th November 2009 Deducting Your Seminar Expenses Copyright (c) 2009 Tom Wheelwright Education is a primary focus for me. I attend seminars all year round, both as a speaker and a participant. Why? I believe there is a direct relationship between knowledge and risk. As knowledge increases, risk ... http://www.articlealley.com/http://tomwheelwright.articlealley.com/deducting-your-seminar-expenses-1171463.html 14th October 2009 Top Orannge County Accounting Group Helps Grow Your Business Orange County CA residents require the best Orange County CPA available - somebody they can trust for their Accounting, tax planning and bookkeeping needs. For years Focus CPA Group ( 562 ) 281-1040, an Orange County CPA group has supplied L. A. area ... http://www.articlealley.com/http://scottballard2.articlealley.com/top-orannge-county-accounting-group-helps-grow-your-business-1163402.html 09th October 2009 Is The IRS Going To Put Me In Jail? The tax system in the United States is known as a voluntary compliance one. This means simply you voluntarily report your financial information and hand over the mulla. If you don't, then the involuntary part of the equation comes into play. This is bette... http://www.articlealley.com/http://thomasajava2.articlealley.com/is-the-irs-going-to-put-me-in-jail-1148590.html 05th October 2009 IRS – The Criminal Investigations Section The mere mention of an IRS audit strikes fear in most people. While audits can be painful, there is one step up from an audit that is down right horrific. Yes, in investigation for a tax crime by the Criminal Investigations unit. The Criminal Investig... http://www.articlealley.com/http://thomasajava2.articlealley.com/irs--the-criminal-investigations-section-1116670.html 23rd September 2009 Dealing With A Letter from the IRS So, you got a letter from the IRS. It is just sitting there on top of the other mail. Unopened. You eye is twitching. What do you do now? The answer is as simple as it is obvious - open it! The end might not be near. The IRS made a major effort to aut... http://www.articlealley.com/http://thomasajava2.articlealley.com/dealing-with-a-letter-from-the-irs-1106579.html 22nd September 2009 The IRS Audit Principle Next to a really bad health diagnosis, the thing most people fear is an IRS audit. The idea of sitting face to face with an agent who is going through your records with a fine tooth comb is enough to make even the manliest man shiver. The key to defeating... http://www.articlealley.com/http://thomasajava2.articlealley.com/the-irs-audit-principle-1084649.html 15th September 2009 Common Types of IRS Tax Appeals When the Internal Revenue Service begins to take steps against a business or person, the end results can be devastating! The IRS has the ability to assess liabilities, file liens, levy your property and conduct numerous other actions that can hurt you fin... http://www.articlealley.com/http://martellelaw.articlealley.com/common-types-of-irs-tax-appeals-1076989.html 10th September 2009 Avoiding an IRS Audit An IRS audit is not something to celebrate. Most people cringe at the very thought of the IRS coming to sort through their tax forms. Most audits end up on the negative side for the tax payer with a tax debt or back taxes being owed to the IRS. The bes... http://www.articlealley.com/http://rossgarnaut.articlealley.com/avoiding-an-irs-audit-955642.html 29th June 2009 Tax Planning After April 15th - 5 Secrets to Massive Tax Savings Many people view April 15th as the end of tax season and enjoy the idea that they don't have to deal with their taxes for another year. I look at April 15th a little differently. I see April 15th as the time to start planning your taxes for the next yea... http://www.articlealley.com/http://tomwheelwright.articlealley.com/tax-planning-after-april-15th--5-secrets-to-massive-tax-savings-888932.html 13th May 2009 Tax Attorney Information Before you hire a tax attorney, it's important to understand why you need a lawyer. Whether you're facing an IRS tax debt issue, business tax and employment tax issues, or require estate planning help, a tax specialist is the most qualified to assist you ... http://www.articlealley.com/http://justinnarin.articlealley.com/tax-attorney-information-840160.html 27th March 2009