Audit protection is a service most tax preparation companies advertise as an upsell to help you if you get a notice from the ...

We all fear IRS audits. But what is the IRS process of choosing tax returns to audit? In this Q&A series, I asked a tax-law ...

Fourteen toll collection agencies are banned for two years for irregularities in highway-user fee collection, with ...

Let's explore eight common reasons that lead to IRS audits while sharing tips to protect yourself. Excessive deductions or ...

She has been in the accounting, audit, and tax profession for more ... and this interest is not tax-deductible. Fines and penalties a person owes to the government for violating local, state ...

Understanding what not to do is crucial to avoid an audit. Below, I’ll share several ... that the IRS receives a copy for their own tax deduction purposes. Failure to report all income can ...

New York taxpayers have coughed up a whopping $60 million in legal fees stemming from the scandals that ensnared Andrew Cuomo’s administration, according to a bombshell new state report that ...

"Especially with today's remote working situation, the home office deduction also creates a lot of issues for audit purposes," Weisberg said. You can only claim your home office as a tax deduction ...

Further, he/she should regularly check transactions for the toll account at regular intervals to track any wrong charges/deduction. Any deviation from regular deduction should be reported immediately, ...

New Delhi: Have you ever received a toll deduction message from your FASTag wallet even though your car was parked or you hadn’t passed through a toll plaza? Officials explain that this can ...