IRS Tax Audits – When It Pays To Ignore An IRS Audit Notice If you decide not to show up at the time and place requested in an IRS audit letter, you tacitly agree to pay the additional tax in question. But sometimes, that’s the smartest course of action. When it’s wise to stay home: [&hell...
The Disappearing Check 21 Law – Check Clearing For The 21st Century The Check 21 Law went into effect on October 28, 2004 installing regulations which control the electronic storage of check images. Ronald Semaria has written a detailed summary of the law and the ramifications of the Check 21 ...
IRS Tax Audits – Correspondence Audits This type of audit is the least threatening. You’ll probably never see an IRS employee; it will all be handled through the mail. Such exams are typically limited to a few issues that you can clear up by mailing copies of bills, checks, receipts or other...
 |
