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Audit Red Flags

What raises eyebrows at the Internal Revenue Service?  Are you worried about being audited? The fear may be overblown, as only 0.6% of taxpayers had their federal returns examined in 2017 (the most recent information available). That same year, only 4.3% of taxpayers...

What Tax Documents Should You Keep?

Even with less itemizing, there are documents you want to retain   Fewer taxpayers are itemizing in the wake of federal tax reforms. You may be one of them, and you may be wondering how many receipts, forms, and records you need to hold onto for the future. Is it okay...