An audit occurs when the IRS chooses to review a taxpayer’s accounts and financial info to ensure they reported all required income and followed all tax laws.
Red Flags That Could Trigger a Tax Audit | Taxes usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.
This week, our experts covered topics ranging from a Massachusetts tax bill that targets Harvard University and other colleges with legacy admissions to Barbie’s sales and property taxes if she were a real California resident. For a look at the latest commentary and analysis, check out our weekly roundup.