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Employment classification matters when filing taxes

There are many points that you have to think about when you are ready to file your income taxes. Some people choose to go over everything related to their return and take the time to research everything. You have to remember that you still have to get your taxes filed on time, even if you have a complex return.

5 examples of tax fraud

You're worried about tax fraud allegations. You dread having an IRS agent knock on the door. Every year that you file your taxes, it's hard to fight down the stress and anxiety.

Does your tax return contain any of these red flags?

Do know someone who has received a notice from the Internal Revenue Service (IRS) about an impending audit? Have you been so unfortunate as to receive one? If so, you may be wondering how the IRS decides which tax returns to audit. Is it random? Is there a complicated algorithm they use to decide? Or, are there certain red flags that IRS agents look for when they process tax returns?

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