This is part 4 of 6 of our in-depth guide to winning your audit. Types of IRS Audits There are three types of IRS audits: correspondence, office, and field. The way the IRS goes about auditing you can produce very…

This is part 5 of 6 of our in-depth guide to winning your audit. Preparing for an Audit In preparing for an IRS audit, begin by taking the following four steps: Step 1. Review the tax return being audited. If…

This is part 6 of 6 of our in-depth guide to winning your audit. Finishing Audits Toward the end of every meeting with the auditor, ask her what adjustments she intends to make. While she may not be willing to…

This chapter deals with the types of IRS audits—both correspondence and face-to-face—that individuals and small business owners are most likely to face.
Source

Funeral plans, burial spaces/plots, and prepaid burial contracts are exempt for Florida Medicaid if the funeral plan or burial contract is irrevocable. These contracts need to be with a funeral home or funeral director in order to be excluded. Typically,…

A Florida Medicaid Qualified Income Trust is used when an individual has too much income to qualify for Medicaid. Currently the yearly Medicaid maximum an applicant for Florida nursing home Medicaid can have is $2,349 (2020) per month. If the…

When are Funeral Plans, Burial Spaces/Plots, and Prepaid Burial Contracts Exempt from Florida Medicaid? Funeral plans, burial spaces/plots, and prepaid burial contracts are exempt for Florida Medicaid if the funeral plan or burial contract is irrevocable. These contracts need to…