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Avoid these 4 errors that could trigger an IRS audit
Most taxpayers won’t be audited, but common mistakes—like reporting errors or inconsistencies—can raise red flags. Knowing ...
A stock photo of a Red Audit stamp on a 1040 US individual income tax return. Photographed at 50mp with the Canon EOS 5DSR and the 100mm 2.8 L lens. If you face a tax audit and can legitimately point ...
PHOENIX — You did it, you filed your taxes! It feels great, but what happens if you check the mail and receive an unexpected tax document later? While most people receive all of their tax documents by ...
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Millions of Americans have filed their income tax returns already, and tens of millions more will be doing so in the coming weeks. With the heavy lifting done, people can turn their attention to other ...
Each year on April 15, the Internal Revenue Service expects Americans to file their annual tax returns, and in doing so, Americans expect U.S. tax policy to be administered fairly across demographic ...
Compared to the depths of the Covid-19 pandemic, when Congress was shoveling out stimulus checks while the Internal Revenue Service was buried in unopened letters and paper tax returns, this year’s ...
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Income Tax Audit Report Deadline: Who Must File by September 30 and What Happens If You Miss It
The Income Tax Department has reminded taxpayers that the deadline for filing the Tax Audit Report (TAR) is September 30, 2025. Under Section 44AB of the Income Tax Act, 1961, specific categories of ...
IRS audits aren’t new and recent news is no exception. Due to an influx of funding from the Inflation Reduction Act (IRA), the federal tax agency has been cracking down on high-income and wealthy ...
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