Lynda Doland, CPA shares an article dispelling some common myths about your tax refund:

 

 

I recently read this article, which expanded on some common myths that taxpayers often believe. I encourage you to read the article and visit the IRS’s website for more information, but the myths are listed below:

  1. “All refunds get delayed.” FALSE! It is estimated that 90% of refunds will be processed by the IRS within 21 days.
  2. “You can call the IRS t
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Rob O’Neil, CPA has some experience walking clients through an audit and can set your mind at ease:

 

 

While no one enjoys the prospect of being audited, it is important to always be prepared in the event that an audit takes place. There are known “red flags,” but anything can potentially lead to an audit by the IRS. I have had an instance where the IRS didn’t like the ratio of cash vs. credit sales based on the client’s industry, and on the other hand I’ve seen a simp Read More >>