More tax audits, less nit picking
I'm paraphrasing this which I read in the Kiplinger Tax Letter.
The IRS has indicated that it will focus on performing less strict audits and try to find 80% the underpayments in eight examinations instead of trying to find 100% of underpayments in four audits.
Makes sense to me. That was my approach when I was an auditor (not an IRS auditor though).
No comments:
Post a Comment