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6 Common Reasons Your Investments May Trigger an IRS Audit - Vimarsana News

6 Common Reasons Your Investments May Trigger an IRS Audit

The dreaded Internal Revenue Service (IRS) audit: Any number of things could land you in the hot seat with the IRS. But beyond these ordinary items, those taxpayers with investments also need to look out for investing-specific causes for an audit.

Supreme Court resolves FBAR nonwillful penalty - Vimarsana News

Supreme Court resolves FBAR nonwillful penalty

Some professionals are predicting that the IRS will start looking more closely at the willful versus nonwillful standard in filing the form late or incorrectly.