dallas top accountants: Realtors - What If You Get Audited by the IRS?
- 06/25/21 05:52 PM
As a Real Estate Professional, did you realize that you are required to complete a Tax Form that is the form most audited by the IRS? That’s right, as independent contractors, most Real Estate Agents file a Form Schedule C. The IRS has found that Schedule C’s contain a large number of errors compared to other forms and finds that they are very successful with audit changes to the returns, and able to bill back a higher amount of additional taxes to the taxpayer that is audited.
Hopefully, that makes you aware that as a Realtor, you need to make sure that … (1 comments)
As a Real Estate Professional, did you realize that you are required to complete a Tax Form that is the form most audited by the IRS? That’s right, as independent contractors, most Real Estate Agents file a Form Schedule C. The IRS has found that Schedule C’s contain a large number of errors compared to other forms and finds that they are very successful with audit changes to the returns, and able to bill back a higher amount of additional taxes to the taxpayer that is audited.
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