If just the title of this post is giving you heart palpitations, take a deep breath. Only about 0.45% of tax returns were audited in 2019. Your chances are very low that you will receive a letter from the IRS. Still, there are a few red flags that could prompt the IRS to take a second look at your tax return, and it’s important to know what they are—because forewarned is forearmed.
If you need to pay the IRS how can you do that during the shutdown? Do you need to?
Should you file now or wait until July 15 to file your taxes?
Have you heard about the new IRS People First Initiative? Do you have any questions? Here’s what it is and how it benefits you.
The coronavirus outbreak is having an effect on every part of life here in Atlanta, as in many other parts of the world – and your taxes are no exception.