The overall audit rate for 2019 C corporation Form 1120 tax returns was 0.4%, while C corps reporting $250 million or more in assets had a nearly 9% audit rate. The IRS wants to raise that 9% ...
LegalZoom explains why owners should still file a federal tax return even if their LLC did not do any business in the ...
Your tax return does not need to include this information. Tax-Exempt Interest Income - This is the taxpayer's share of tax-exempt interest. This amount will automatically pull into line 2a of Form ...
A record-breaking tax collection year in 2024 has prompted stricter oversight and enforcement measures in 2025, as ...
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