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IRS audits can be scary and intrusive, but making mistakes on your taxes is not a crime, although the agency can file charges that result in civil penalties.
An IRS audit is a review of an individual, partnership or organization's tax return and financial information to verify that reported information is correct. Tax return audits are serious events ...
In the United States, an income tax audit is the examination of a business or individual tax return by the Internal Revenue Service (IRS) or state tax authority. The IRS and various state revenue departments use the terms audit, examination, review, and notice to describe various aspects of enforcement and administration of the tax laws .
An IRS audit is a review of an individual, partnership, or organization’s tax return and financial information to verify that reported information is correct. How Is Your Tax Return Selected for ...
Nobody wants to face an IRS tax audit, but even if you do everything according to the rules, you could be subject to one. The good news is that the chances of being audited are very low. The IRS...
IRS audits are big business. The whole point of an audit is not to strike fear into the heart of American taxpayers -- although it succeeds in doing that -- but rather to raise revenue for the ...
An IRS audit is not a judgment of how you run your finances. It's simply an examination by the IRS to make sure you've correctly reported all of your income, complied with tax laws and paid the ...
[16] Although the IRS maintained that the audit was an attempt to determine whether the NAACP had involved itself in a political campaign, the NAACP and Democratic Party representatives characterized the audit as an attempt to stifle criticism of Bush, intimidate NAACP members, and harm the NAACP's get-out-the-vote campaign. [15] [16]