Clear Start Tax urges self-employed individuals to be cautious about misleading claims regarding a non-existent IRS tax credit. With tax season in full swing, deceptive promotions-particularly on ...
The IRS is always on the lookout for tax returns that just don't make sense. Making these five errors can increase the chances that your return will be audited.
There's no sure way to predict an IRS audit, but if you're self-employed, these ten "red flags" could increase your chances ...
Tax audits, which affect less than 0.4% of returns, are triggered by discrepancies flagged via an IRS statistical formula. Common triggers include incomplete returns, math errors, inaccurate ...
You can’t just claim anything. In preparing to file your income tax return, you will need to save receipts for proof. Here’s why.
The home office deduction is a tax break that some self-employed people who work from home can use to lower their taxable ...
Andre Shammas is a tax preparer based in El Cajon, California, specializing in helping individuals, families, and small ...
Stay calm and read your audit letter carefully if you're being audited. Find out what steps you need to take. You have the right to get help if you need it.
Modi govt has made some big announcements including changes in the new tax regime with taxpayers not having to pay any income ...
“Earned income” is all the taxable income, including wages, you receive either from a job or self-employment ... uses algorithms to identify tax returns for audits that partly focus on ...
If youre self employed and based in the UK then completing the annual self assessment tax return is a core part of your business Though it may seem overwhelming preparing properly and understanding wh ...