Q: Are there benefits to filing my tax return on time besides avoiding penalties or getting a refund sooner? A: Yes, and it’s a benefit most taxpayers rarely hear about: Filing on time starts the IRS audit clock. The IRS has only a limited amount of time…
The post Tax tip of the week: The IRS has three years on its audit clock. Get it started by filing on time. appeared first on Cambridge | Somerville Independent.
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