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The IRS has put collections on hold over the past few years. Due to a combination of a budget that’s been slashed over the past 10 years as well as the challenges of COVID, the IRS had ceased taking aggressive actions against most taxpayers since 2020. But with $80 billion in funding, that has ...
Facing an IRS audit is a daunting experience. The idea of having your financial records scrutinized by the most feared collection agency, the IRS, can shake anyone to their core. The cost in both time and money can seem never-ending.Understanding the top reasons taxpayers get audited by the IRS c...