Audits are not a welcomed entity in anyone’s eyes. So, if you’ve just received a notice informing you of an impending IRS audit and state audit, do not panic. In some cases, people or businesses are selected for an audit at random. In others, an IRS audit is triggered by…
Owing back taxes to the IRS or any State Department or Department of Revenue can result in a plethora of unwanted penalties. Those who avoid paying and owe large amounts may even have their personal property, including their homes, boats, cars, SUVs, and even their bank accounts seized in order…