The Algorithmic Matchmaker
Most IRS scrutiny is not personal.
The IRS uses automated systems to compare the income on your return with W-2s, 1099s, and other forms reported by employers, banks, and clients. One of the easiest ways to attract attention is simply having numbers that do not match.
Before filing, make sure every income…
The Unwelcome Envelope
Few things are more frustrating than receiving a 1099 with the CORRECTED box checked.
You thought your tax paperwork was done. Then a new form shows up with different numbers.
Do not panic.
Corrected 1099s happen all the time. You just need to follow a quick triage process so one paperwork change…