Since taxes and the IRS are a big issue at this time of year, I wanted to continue to post some helpful tips and information that i have found concerning this subject. After talking with my CPA last week I develop a series of frequently asked questions about filing tax returns.
The most commom question asked by far is about audits. Everyone wants to know what the process is that the IRS follows to determine who they will audit from year to year. The good news is that less than 2% of all tax payers even have to worry about this these days. Below is a short video explaining the process, enjoy:)
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