Posts Tagged ‘national credit crisis’

Americans Will Need Help Seeking Tax Relief in Ailing Economy as IRS Continues Push For Compliance

Monday, October 20th, 2008

Amid the slow economy and increasing federal deficit, a much needed surge in tax revenue means that a growing number of taxpayers can expect to be audited while Americans already burdened by tax debt will find it harder than ever to resolve their IRS tax problems.
In fiscal year 2007, IRS audit rates were up from the previous year for both individuals overall and higher-income taxpayers. Additionally, audits of S Corporations
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