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Archive by Month: May 2017

What are the Odds of an IRS Audit?

Posted in News on May 31, 2017

No taxpayer wants to be audited. Aside from the hassle of having to correspond with the IRS and assemble reams of paperwork, every audit also carries a threat that you will be found to have underpaid your taxes and will thus have to pay a substantial sum in unpaid taxes, fees and penalties. Those who are audited should work with a Virginia tax lawyer so they can ensure they do everything possible to come through the audit without a tax bill, or with the minimum potential taxes owed. Read More

What is the Difference Between a Tax Credit and a Tax Deduction?

Posted in News on May 17, 2017

Doing your taxes can be very confusing because there is a lot of complicated terminology that you need to know. This is why it is a good idea to get help from a Virginia tax attorney if you want to try to reduce your tax bill, maximize your deductions, and ensure you are in full compliance with tax laws. Read More

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