The IRS in the infinite wisdom and effort to examine more tax returns and encourage greater transparency nationwide is concentrating on businesses and individuals alike in every profession and industry in their investigations. As the IRS attempts to examine more tax returns from a broad range of entities ~ particularly S Corp’s, and high net worth individuals, new examination approaches have increased the range of tax returns that fall under review. These new examination approaches combined with constantly changing tax laws and increased IRS enforcement make planning and preparation for IRS examination more important than ever.
Month: May 2015
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