Posts Tagged "IRS Audits"


  “Any one may so arrange his affairs that his taxes shall be as low as possible; he is not bound to choose that pattern which will best pay the Treasury; there is not even a patriotic duty to increase one’s taxes”. Supreme Court Justice, Learned Hand  Once you eliminate IRS fear and reduce your chances of an audit, you can be more creative & aggressive with your tax reduction planning. Being creative means to...

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For most people, the scariest words in the English language are “IRS audit.” Not “grim reaper,” not “root canal,” but “IRS audit.” You can just imagine this menacing IRS agent knocking on your door and handing you a tax bill for thousands of dollars. You feel so helpless. You tell yourself, “Who am I to take on the big, mean IRS?” Well, you’re not helpless, because the Bradford Tax Institute is in your corner. Not only can you take on...

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Someone is knocking at your door or just presented themselves at your office claiming to be from the Internal Revenue Service (“IRS”).Is that really the IRS knocking at your door?Believe it or not, that’s a concern shared by individuals and the IRS itself. According to the IRS, many taxpayers have encountered individuals impersonating IRS officials – in person, over the telephone and via email. In-person tax scams, while not...

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  This is another story from the war zone. This is not a new subject, it has been covered many times by myself and many other tax professionals; the importance of good record keeping. However, it seems not to be at the top of the priority list of business owners until the IRS comes knocking at their doors for an audit. Trying to recreate what happened two or three years ago it almost impossible, maybe that is part of the IRS...

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