Anatomy of a Federal Tax Controversy
September 23, 2013
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Step one: The IRS conducts a tax audit. A tax audit is an examination of your income and expenses to ensure that you correctly reported
Step one: The IRS conducts a tax audit. A tax audit is an examination of your income and expenses to ensure that you correctly reported
Deficiency: A taxpayer’s correct liability, as determined by the IRS, less the amount reported on the return. Assessment: In order for the IRS to use
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