Taxesq - IRS Audit and Business Tax Estate Attorney Cherry Hill NJ

IRS to Target Schedule C FilersIn a recent telephone conference, IRS commissioner Mark Everson said that they will be conducting more audits on individuals running unincorporated businesses (i.e. self-employed individuals).While Schedule C filers have long been audit targets for the IRS, they are now stepping...

IRS Continues to Attack TaxpayersA new government report concludes in fiscal year 2006 there was a:7 percent increase in individual audits18 percent increase in high-income audits8 percent increase in small-business audits15 percent increase in collection case closuresThe increase in IRS Audit and Collection activity requires...