TITLE

Hidden truths: 10 things the IRS won't tell you

PUB. DATE
June 2009
SOURCE
Small Business Tax Strategies;Jun2009, Vol. 4 Issue 6, p7
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports on the article posted by the web site smartmoney.com related to the U.S. Internal Revenue Service's (IRS) hidden tax truths. Accordingly, to surpass one percent on all returns, the audit rate was doubled since 2000. A study by the Government Accountability Office (GAO) found an overpayment from taxpayers because of the threat of an audit. IRS forms 4868, which can be found online can be filed as late as April 15 without any penalty by requesting extension.
ACCESSION #
43315357

 

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