Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

What is a tax audit and who is typically audited?

audited tax audit
0
Posted

What is a tax audit and who is typically audited?

0 CommentsAdd a Comment

1 Answer

0

A. A tax audit is when the IRS investigates a business or individual to determine whether or not that person or business paid the correct amount of taxes in any given taxable year. No particular type of person or businesses is audited and it’s typically random.

0 CommentsAdd a Comment

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123