Monthly Archives: April 2019

Why does my bank need a 4506-T?

Posted on April 22, 2019 by Sandra James

A 4506-T is an IRS form also known as a “Request for Transcript of Tax Return.” This form requests that the IRS send you a copy of the tax return information they have on record, up to ten years prior. … Continue reading →

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What happens if you get audited?

Posted on April 12, 2019 by Sandra James

There is a five-letter word most of us fear: audit. Movies and television shows have portrayed being audited as a scary experience with men in suits coming to your home and grilling you like a common criminal. The good news … Continue reading →

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What are the chances of being audited?

Posted on April 3, 2019 by Sandra James

The Average American Has a Smaller Chance of Being Audited by the IRS It’s official: taxpayers today have a much smaller chance of being audited by the Internal Revenue Service (IRS). Budget cuts, staff reductions, and changes to collection policies … Continue reading →

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