Texas residents may be concerned about getting selected for an audit by the Internal Revenue Service. However, having knowledge about what the process can entail and what a person's rights are in the process can go a long way toward addressing many concerns. First of...
The dangers of tax misconceptions
How common are tax misconceptions in the U.S.? Pretty common, the results of a recent GOBankingRates survey suggest.The survey results point to many Americans not having the right information about key tax details. For example, of the people polled:30 percent...
What Tax Reform Means For Your 2018 Return
The tax reform bill passed by Congress in 2017 has resulted in a number of changes that are important to keep in mind as you begin preparing your 2018 tax return (that's right; tax day is just around the corner now that the calendar has turned to 2019). Some of...
Know your rights during an IRS audit
As a taxpayer, you have several rights when dealing with the Internal Revenue Service (IRS). It is good to know these rights all the time, but this knowledge is especially important if you have been selected for an IRS audit because your rights as a taxpayer do not go...
