Thursday, July 12, 2007
Congress to IRS, Conduct More Audits!
According to About.com, the Government Accountability Office has directed the IRS to raise revenue by increasing the amount of taxpayer audits they perform. Congress directed the IRS to pay close attention to the following taxpayers: schedule C filers, Partnerships and S-Corporations, especially S-Corporation owners who do not take appropriate salaries, gamblers, part-time farmers, individuals who file Schedule A and claim large amounts of medical deductions, charitable contributions and job-search expenses, and investors who do not properly report sales of investment properties.
Labels:
congress,
government,
internal revenue service,
irs,
money,
tax,
taxes
Blog Archive
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2007
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July
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- IRS to Begin Increasing Amount of Audits
- Group of Tax-Exempt Firms Owe Over $1B in Taxes
- New Audi R8 Spider Sketch
- 5 Mistakes That Can Tax Your 401(k)
- New IRS Electronic PIN Signature Requirement
- National Taxpayer Advocate Releases Report on Tax ...
- U.S. Honda Open of Surfing Begins
- New Ferrari F430 Scuderia Announced
- Roni Deutch Tax Center Offering Incentive To Veterans
- Largest Tax Fraud Case Ever Thrown Out
- IRS Claims Electronic Excise Tax Filing Is Coming
- Courts Decided, Mental Anguish Awards Are Taxable
- Congress to IRS, Conduct More Audits!
- California Lawmaker Pushes For Sex Tax
- New Tax Foundation Newsletter
- Bugatti Veyron at the 2007 Prescott Hill Climb
- Revised Innocent Spouse Form
- Most States Not Raising Gas Taxes
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July
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