How the IRS Detects Unreported Income — Algorithms, Data Matching, and Red Flags Explained
The idea that unreported income goes unnoticed unless an IRS agent happens to review your return is one of the […]
The idea that unreported income goes unnoticed unless an IRS agent happens to review your return is one of the […]
When Elena accepted a remote position with a German software company, she assumed her tax situation had simplified. No more
When Victor sold a rental property he’d owned for fourteen years, he called his accountant in the spring expecting a
When Paul received a CP2000 notice proposing $340 in additional tax on $1,200 in interest income he hadn’t reported, his
The misconception that trips up more stock investors than any other is simple: that tax is only owed when money
Not all investments are created equal in the eyes of the IRS. A simple index fund held in a brokerage
When Diane sold her Apple stock in October, she was thrilled. She’d bought 50 shares eighteen months earlier for $8,400
In 2019, the IRS sent letters to more than 10,000 cryptocurrency investors warning them that they may have failed to
When Tyler started investing in crypto in 2021, he thought of it the same way he thought of his savings