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tax returns

Toss This. Not That. Post Tax Filing Record Retention

April 21, 2021 by Melissa Mandel

With a sigh, you are relieved that yet another tax return has been sent off to the government. Another 12 months before you need to do this again. But before you close that tax file, there is still some work to do. If the IRS or state revenue department selects your return for review, you will need to be prepared. Here is what you need to know:

Filed Under: Blog Tagged With: business accounting systems, income tax help, IRS tax tips, Tax Consultant in New jersey, tax help, tax record keeping, tax records, tax return help, tax returns, tax tips

Lifestyle Audits. A thing of the past?

August 7, 2019 by L. Scott Elwell

The word “audit” is enough to raise anyone’s blood pressure. If the IRS agent then tells you they want to see bank accounts and personal records you may need a heart monitor. Should this happen to you, you could be in a process known as a lifestyle audit. Background The lifestyle audit was a tool […]

Filed Under: Blog Tagged With: Accountants in New Jersey, accounting help, accounting services, business accounting systems, income tax help, IRS tax tips, lifestyle audit, tax audit, tax audit help, Tax Consultant in New jersey, tax help, tax planning, tax return help, tax returns, tax tips

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