IRS - Why People Get Into Trouble
The IRS can come down swiftly and without mercy against taxpayers for issues ranging from
simple mistakes to genuine tax evasion.
When such a situation occurs, usually in the form of an
audit and followed by possible...
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IRS - Why People Get Into Trouble
The IRS can come down swiftly and without mercy against taxpayers for issues ranging from
simple mistakes to genuine tax evasion.
When such a situation occurs, usually in the form of an
audit and followed by possible federal prosecution, it becomes necessary to stand up to the
IRS.
As many experts will tell you, knowing the right steps to take and doing things the right way
can actually make battling the IRS prove to be a very valuable thing.
Every year, honest, tax-paying Americans worry that their income tax return will end up being
audited by the IRS.
In fact, the number of audits has increased quite significantly in recent
years, lending its hand even further to the worry and stress.
Audits can lead to major fees and
even criminal prosecution.
Needless to say, such a situation can become ugly very quickly.
These are the major reasons why people get into trouble with the IRS:
1.
Filing too many exemptions
An exemption gives you a major tax d
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