by Kelly Coughlin | Jul 31, 2023 | Dealing with Taxes and Tax Debt
Navigating through IRS audits might sound daunting, but arming yourself with the right approach can make a world of difference. Here’s a concise breakdown to help you respond effectively in both correspondence and in-person audits. Clear, Concise, and Credible...
by Kelly Coughlin | Jul 30, 2023 | Dealing with Taxes and Tax Debt
Facing an in-person audit might feel like stepping into a maze, but the right guidance can make all the difference. In this article, we’ll delve into the importance of having representation during in-person audits and how it can streamline the process for you....
by Kelly Coughlin | Jul 29, 2023 | Dealing with Taxes and Tax Debt
Facing an expense audit might seem overwhelming, but with the right approach, you can tackle it like a pro. In this article, we’ll guide you through the process of organizing your bank and credit card records to breeze through your expense audit. Understanding...
by Kelly Coughlin | Jul 29, 2023 | Dealing with Taxes and Tax Debt
Getting ready for a revenue audit doesn’t have to be overwhelming. Let’s break it down into easy steps to help you stay in control. Step 1: Gather Bank Statements For the tax year in question, gather PDF copies of all your bank statements. Some...
by Kelly Coughlin | Jul 28, 2023 | Dealing with Taxes and Tax Debt
Getting that audit letter can be nerve-wracking, but understanding the type of audit can ease the process. Let’s dive into what to do when you receive that invitation. Step 1: Income or Expense? First things first, figure out whether the audit is about your...