Posts Tagged ‘audit’
9 Red Flags That Could Get You Audited By the IRS
Getting audited is not common. In fact, the IRS only audited 1 in 160 individual tax returns in 2018. A decade ago, there was an audit rate of 1 in 90. Every year, the number of taxpayers audited has been slowly dropping Cuts at the IRS have resulted in fewer staff members, and, as a…
Read MoreIRS does sometimes call taxpayers
By Bankrate Westchester NY accountant Paul Herman of Herman & Company CPA’s is here for all your financial needs. Please contact us if you have questions, and to receive your free personal finance consultation! The Internal Revenue Service has learned a hard lesson about never saying never. After years of assuring us that IRS employees never initiate calls to taxpayers, a tax preparer…
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