IRS upping audits on highest income bracket
Hi everyone! This my first post here and I want to discuss about tax audit.
Are you a responsible taxpayer? If you do well here's the news.
The Internal Revenue Service (IRS), every year, produces an enforcement report. This report details the activities of the IRS division that audits returns, and offers insight in to trends that might impact the next year. This yearly IRS audit report is produced annually as a way to study who is audited and just how those individuals are chosen. So if you have irregularities in tax returns will almost always trigger an audit. For individuals that make less than $200,000 a year, however, that audit is not very likely. If you get audited, you may need a loan to pay fees. That may provide the help you need.
Last edited by TaxGuru : 01-16-2012 at 10:25 AM.