Medicaid is a joint program between the federal government and individual states providing medical assistance to individuals meeting the criteria.
A Medicaid applicant can only have $2,313 (2019) of income in their name per month.
You lost your audit and didn’t do any better with your appeal. Before pulling out your checkbook, consider going to tax court.
You should have two goals in every IRS audit – Minimize financial damage and Prevent expansion of the audit.
It may not be in your best interest to cooperate in an audit. Maybe your bank records show larger deposits, or maybe you highly exaggerated some deductions.
Some people receive tax bills out of the blue. While the IRS must send an audit notice only to the last known address in its records. This could happen to you.
During an office audit, you will schedule a meeting and present the IRS auditor with a number of documents requested in advance.
The final kind of IRS audit—the field audit—is the most deadly. The name refers to the fact that it takes place outside the IRS offices.
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