
What Is a Tax Audit, and Who Actually Conducts One?
A tax audit is a formal review of your return, usually conducted by the IRS through mail, that checks whether income and deductions match your records.

A tax audit is a formal review of your return, usually conducted by the IRS through mail, that checks whether income and deductions match your records.

Before you hand over a Social Security number: check they hold a valid PTIN, will sign the return as preparer, and can say how your documents are stored.

Learn the key differences between tax preparers, consultants, and CPAs to find the right professional for your situation and financial needs.

A registered agent is a required legal contact who receives lawsuits, tax notices, and state correspondence for your LLC.

Tax preparation start to finish — gathering your records, checking them against current IRS rules, working out what you owe or are owed, and filing the return.

What an accountant does beyond recordkeeping and a once-a-year form: reading your numbers for decisions, keeping you compliant, and the tax you can still cut.

Yes, the IRS taxes cryptocurrency as property. You owe tax on gains when you sell or trade crypto, and on income from mining, staking, and airdrops.

Doing your taxes means gathering income records and deductions, reporting them to the IRS on the correct forms, and filing by April 15.

Converting a sole proprietorship to an LLC doesn't automatically change your taxes unless you elect corporate taxation.