Freedomfolio

Responding to an IRS Audit Letter: Importance and Key Steps

Receiving an IRS audit letter can be a nerve-wracking experience, but it doesn’t have to be overwhelming. Whether you’re a small business owner, a freelancer, or an individual taxpayer, knowing how to effectively respond to IRS audit letters is crucial for protecting your financial interests. The process can seem complex, but with the right knowledge […]

Understanding IRS Issues and Notices

Introduction IRS plays an essential role in the government of India performing different roles in every sector. In administration, the IRS issues direct taxes which are formulated to implement policies and functions of investigators. IRS issues to help complaints of taxpayers with tax laws whereas, ensuring the minority unwilling to pay must pay their share […]