by Andre Falls | Feb 11, 2023 | Taxes
To meet the strict substantiation requirements for deducting vehicle expenses underIRC section 274(d), a taxpayer must have adequate records or sufficient corroboratingevidence that establishes:1) The amount of the expense,2) The time and place of the expense or use...
by Andre Falls | Jan 27, 2023 | Taxes
The Internal Revenue Service receives tax returns from millions of Americans each year. They’re all first-time filers. Whether you are a first-time or experienced taxpayer, dealing with the IRS can be intimidating. For newbies, the task also can be overwhelming....
by Andre Falls | Jan 17, 2023 | Taxes
Don’t panic! The keys to success are being well prepared, establishing credibility right away, and keeping your wits about you. The IRS wanting to examine your return is quite a shock, no matter why you were chosen. You could not escape the anxiety that comes...
by Andre Falls | Jan 17, 2023 | Taxes
IRS audits are more likely to occur if you have these red flags on your return. If you are preparing to file your tax return, you may wonder if the IRS will audit it. Most people can breathe easily because the vast majority of individual returns escape the audit...
by Andre Falls | Jan 10, 2023 | Taxes
Tax filing rolls around every year. But every year, there also are a few changes that make the process slightly different from prior filings. We didn’t have any major tax law changes in 2022. But some old rules come into play, as does the expiration of some tax...
Recent Comments