Understanding what not to do is crucial to avoid an audit. Below, I’ll share several actions LLC business owners make that I’ve seen commonly trigger an audit and discuss how to avoid these red flags.
Tax Day is just around the corner. The deadline to file your 2024 taxes is April 15, 2025. If you cannot complete your taxes by the deadline, you can request an automatic six-month extension to file ...
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Income Tax Audit Report Deadline: Who Must File by September 30 and What Happens If You Miss It
The Income Tax Department has reminded taxpayers that the deadline for filing the Tax Audit Report (TAR) is September 30, 2025. Under Section 44AB of the Income Tax Act, 1961, specific categories of ...
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