The Income Tax Department has reminded taxpayers that the deadline for filing the Tax Audit Report (TAR) is September 30, ...

Compared to the depths of the Covid-19 pandemic, when Congress was shoveling out stimulus checks while the Internal Revenue Service was buried in unopened letters and paper tax returns, this year’s ...

Understanding what not to do is crucial to avoid an audit. Below, I’ll share several actions LLC business owners make that I’ve seen commonly trigger an audit and discuss how to avoid these red flags.