Congress Instructs IRS To Conduct More Audits
In an effort to raise more revenue, the GAO has directed the IRS to focus on the following types of taxpayers for audits:
* Schedule C filers
* Partnerships and S Corporations, especially S Corp owners who do 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
* Investors who do not properly report sales of investment properties
about.com
* Schedule C filers
* Partnerships and S Corporations, especially S Corp owners who do 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
* Investors who do not properly report sales of investment properties
about.com
posted by Milt Baker CPA | 7:18 AM
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