The Taxpayer Times

"Clear tax guidance for everyday taxpayers"

Category: Uncategorized

  • If you are preparing for your first DCAA audit, you may be wondering what to expect and how to prepare. Many new government contractors imagine DCAA auditors arriving unexpectedly and searching through every document they can find. In reality, a DCAA audit is generally much more organized than that. The auditors will explain what information…

  • Several years ago, I met with a taxpayer who owed the IRS a substantial amount in federal taxes. Like many taxpayers facing IRS collection problems, he had received several IRS notices but had not taken any action. During our meeting, he looked at me with genuine concern and asked, “Can the IRS take the money…