Gatherwright
Freeman &
Associates, P.S.C.

☰ Menu

Posts Tagged ‘audit penalty’

How to Avoid IRS Audit Penalties

Anyone who has undergone an IRS audit can tell you how painful the IRS makes the examination process.  If the taxes and interest due after an audit are not bad enough, increasingly, the IRS has been piling on additional 20% penalties.  What are these penalties and how are taxpayers fighting back? Internal Revenue Code §…

Read More