What You Need To Know About IRS Audits
The IRS recently released its 2018 Data Book, including information on its audit activities for the last fiscal year. This details what you need to know regarding your audit risk, how to prepare for and what to expect in an IRS audit. Know the facts An IRS audit is a review to ensure your tax filings are reported correctly according to tax laws. Both individual and business tax returns can be audited. The IRS won’t initiate