IRS Notices
The IRS has updated its long-standing regulations on selling seized property, marking a major shift from rules dating back to the 19th and mid-20th centuries.
February 14, 2025
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Blog
Category: IRS Audit Help
Gambling feels like a shot at easy money—until tax time rolls around. Win or lose, the IRS is always at the table, and the tax
February 13, 2025
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Tax Record Keeping
Every year, business owners and self-employed professionals find themselves in the same situation—scrambling to pull together tax documents at the last minute. It’s a stressful
February 13, 2025
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IRS Audit
The IRS Criminal Investigation (IRS-CI) division made headlines in 2024 by uncovering over $2.1 billion in tax fraud. This achievement underscores the agency’s dedication to
January 27, 2025
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IRS Audit Help
As a business owner, safeguarding client information isn’t just good practice—it’s a legal requirement. The IRS has recently introduced a Written Information Security Plan (WISP)
January 21, 2025
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Identity Theft
As a business owner, safeguarding client information isn’t just good practice—it’s a legal requirement. The IRS has recently introduced a Written Information Security Plan (WISP)
January 13, 2025
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Business Tax Audits
For business owners, receiving an audit notice from the IRS can be stressful and confusing. Understanding the audit process and how to handle it can
December 9, 2024
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Business Startup Taxes
Running a business can be both exciting and challenging, but one wrong move can lead to financial disaster. As a business owner, having a solid
December 5, 2024
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Business Tax Incentives
When you’re a business owner, taking money out of your company is necessary for personal needs and financial planning. However, how you structure these transactions
December 4, 2024
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Business Tax Audits
Audits are among the most intimidating experiences a business owner can face. When the IRS calls, it’s natural to feel uneasy. However, with the right
December 3, 2024
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Business
If you’re a U.S. business owner with financial interests abroad, navigating tax compliance can be a challenge. Whether you hold funds in a foreign bank
October 28, 2024
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Business Tax Benefits
As a business owner, navigating the complexities of debt is a critical part of managing your financial health. One area that often leads to confusion
October 28, 2024
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Tax Evasion
In the ever-evolving landscape of tax compliance, recent events involving high-profile figures highlight the complexities and challenges businesses face when it comes to their financial
October 28, 2024
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Business
Running a business as a partnership offers numerous advantages, but it also comes with its own set of responsibilities and tax considerations. Whether you’re new
October 14, 2024
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IRS Audit Help
As a business owner, receiving a notice from the IRS can feel overwhelming. However, it’s important to know that not all notices are cause for
October 3, 2024
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Tax Scams
In today’s world, tax scams are becoming increasingly sophisticated, posing a significant threat to individuals and businesses alike. As a business owner, you need to
September 19, 2024
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Small Business Tax Help
The recent conviction of David Katz, a compliance officer at a check-cashing company in Oregon, serves as a stark reminder of the consequences of fraudulent
September 9, 2024
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IRS
Taxpayer Advocate Service Fails to Provide Basic Services: A Deep Dive into TIGTA Findings A tax practitioner, frustrated by a six-week wait for a Taxpayer
August 22, 2024
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Business
The Tax Court denied equitable relief to a taxpayer seeking Innocent Spouse Relief after his ex-wife improperly claimed deductions on their joint tax return. Despite meeting several conditions, the court ruled that the taxpayer’s lack of involvement in reviewing the return and claiming a refund undermined his claim of innocence.
June 24, 2024
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IRS
The IRS is set to intensify its audit activities thanks to an $80 billion boost from the Inflation Reduction Act. This funding aims to revitalize the agency, which has faced years of underfunding, resulting in customer service issues and decreased audit rates. Wealthy individuals and large corporations will be the primary focus of these increased audits.
June 19, 2024
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IRS Audit Help
IRSProb shares professional tips to stay prepared for IRS audits in Texas.
March 11, 2024
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IRS Audit Help
IRSProb provides essential tips and expert assistance for handling IRS audits in Texas.
February 4, 2024
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