Blog
Our carefully crafted blogs offer valuable insights and guidance on taxes, accounting, finance, and beyond. Stay informed with expert advice designed to help you navigate the financial world with confidence.
- admin
Receiving a notice from the IRS about a tax audit can be anxiety-inducing, but it's crucial to stay calm and approach the process with preparation and understanding. Contrary to popular belief, an audit does not necessarily indicate suspicion of criminal activity. It's often a routine examination to ensure the accuracy of financial data on tax returns.
Here's a rundown on how to prepare for and navigate through a tax audit, from understanding the types of audits, your rights during the process, to the conclusion of the audit.
- admin
The pink tax isn't a federal tax that affects your income tax refund, but it's a form of unequal pricing that impacts millions of women's personal finances.
- admin
How long should I retain my past tax returns and records?
The answer is not entirely black and white; it varies based on the type of document and your specific transactions.