Tips to Avoid an IRS Audit

by Thomas Jones and Dee Ann Creach Taxpayers can get flagged for forgetting important forms, mixing up numbers, or exaggerating tax breaks. Even one mistake can alert the Internal Revenue Service (IRS) to take a closer look at your return. While there is no such thing...

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5 Takeaway Points From the 2016 GFOAT Fall Conference

  by Ashley Garcia and Eric Wilson #1: Capital asset management, particularly pertaining to infrastructure, is becoming a wide-spread concern. Aging infrastructure assets are presenting challenges to many public entities throughout the United States. Although...

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8 Things that Could Trigger a Business Audit

Whether you're doing taxes for your own business or a client's business, the small – but real – possibility exists for an audit. Understanding the chances of an audit and what the Internal Revenue Service may pay particular attention to can help you and your client...

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End of 2016 Means the End of Tax Breaks – Maybe

For a number of years, Congress created significant uncertainty by waiting until the eleventh hour to renew or extend numerous tax provisions. In response to the frustration expressed by both individual taxpayers and the business community, Congress passed the...

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