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Author Archives: Sandy Suchoff
Audit Target: The Sole Proprietor
A sole proprietor is someone who owns an unincorporated business by himself or her self. Each year the IRS publishes their activities in a publication called the Data Book. And each year for the past number of years the … Continue reading
Posted in IRS Tax Audit
Tagged Business Tax Audit, IRS Tax Audit Areas, Irs Tax Audits, Tax Audit, Tax Audit Areas to Watch through 2013
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The Chances of Being Audited
An IRS Tax Audit can be one of the scariest situations a person or business can face. Often times the IRS has a distinct advantage because the average person doesn’t know enough tax law to defend him/herself against an … Continue reading
Posted in IRS Tax Audit
Tagged Business Tax Audit, IRS Problem Help, IRS Tax Audit Areas, Irs Tax Audits, Tax Audit, Tax Problem Solutions
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Audit Target: The Sole Proprietor
Each year the IRS publishes their activities in a publication called the Data Book. And each year for the past number of years the number one target of audits are those tax returns with a Schedule C for small business … Continue reading
Posted in IRS Tax Audit
Tagged Business IRS Tax Audit, Business Tax Relief, IRS Problem Help, IRS Relief, IRS Tax Audit Areas, Irs Tax Audits, Tax Problem Solutions
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Tips for an IRS Audit
While most of us are never audited, when it happens it can feel a lot like a lamb thrown in the room with a lion. The IRS auditor does these audits every day. They know what to look for … Continue reading
Posted in IRS Tax Audit
Tagged IRS Tax Audit Areas, Irs Tax Audits, Tax Audit, Tax Problem Solutions
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Failure to File or Pay Penalties: Additional Four Facts
The number of electronic filing and payment options increases every year, which helps reduce your burden and also improves the timeliness and accuracy of tax returns. When it comes to filing your tax return, however, the law provides … Continue reading
Posted in Late Filing of Tax Returns, Tax Penalties
Tagged Failure to File Penalty, IRS Problem Help, Late Filing Penalty, Late Payment Penalty, Tax Problem Solutions
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Failure to File or Pay Penalties: The First Four Facts
The number of electronic filing and payment options increases every year, which helps reduce your burden and also improves the timeliness and accuracy of tax returns. When it comes to filing your tax return, however, the law provides that the … Continue reading
Posted in Tax Penalties
Tagged Failure to File Penalty, File Tax Return, IRS Penalty Abatement, IRS Problem Help, IRS Tax Problems, Tax Problem Solutions
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Avoid Future Tax Problems: Start Planning Next Year’s Tax Return Now
For most taxpayers, the tax deadline has passed. But planning for next year can start now. Being organized and planning ahead can save time and money in 2014. Here are six things you can do now to make next … Continue reading
Posted in Tax Changes
Tagged File Returns, File Tax Return, IRS Problem Help, IRS Tax Problems, Tax Problem Solutions
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Are you Using the Correct Filing Status When Filing Your Income Tax Return?
It’s important to use the correct filing status when filing your income tax return. It can impact the tax benefits you receive, the amount of your standard deduction and the amount of taxes you pay. It may even impact whether … Continue reading
Posted in IRS Compliance
Tagged File Returns, File Tax Return, IRS Problem Help, IRS Relief, IRS Tax Problems, Tax Problem Solutions
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Audit Rates for S Corporations and Partnership Returns
Having a small business is itself a flag of sorts. Some people use small businesses as a tax dodge, a way to write off expenses, and so the IRS keeps a close eye on small-business owners. Other factors that may … Continue reading
Posted in IRS Tax Audit
Tagged Business IRS Tax Areas to Watch, Business IRS Tax Audit, IRS Problem Help, Irs Tax Audits, Tax Problem Solutions
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What can Trigger a Tax Audit?
A lot of people are curious to know who the IRS audits. Audit activities are likely to increase as the IRS continues to utilize enforcement to provide revenue. At Lefstein-Suchoff CPA and Associates we have years of experience defending taxpayers … Continue reading
Posted in IRS Tax Audit
Tagged IRS Problem Help, IRS Tax Audit Areas, Irs Tax Audits, Tax Audit, Tax Audit Areas
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