If you’re losing sleep over the possibility of a tax audit, put your mind at ease. Here are five reasons you might want to stop worrying.
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Perform a mid year tax review of your business activities including tax liabilities to optimize savings and spending for the next tax season.
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Filing deadlines often change for taxpayers in regions that experience natural disasters. When these extreme weather events hit, the Internal Revenue

This summer, the country has been hammered by extreme weather—from oppressive heat waves to torrential rains. In response to deadly flooding in Eastern Kentucky, the Internal Revenue Service announced tax relief for counties the Federal Emergency Management Agency declared disaster areas.… Read more about IRS Announces Tax Relief for Kentucky Flood Victims (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

It’s never too early to start planning for the next tax season. For millions of tax pros, that means figuring how to make their operations more secure.… Read more about Use IP PINs for Extra Security (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…

One of the Internal Revenue Service’s main advisory committees is asking Congress to give the agency the funding it needs to function well. The recommendations, split into two categories, come from the Electronic Tax Administration Advisory Committee, or ETAAC, in its annual report to Congress.… Read more about ETAAC Recommends IRS Funding, MeF Enhancements (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…