The Internal Revenue Service has sent letters to thousands of small
business owners questioning whether they shorted the coffers this past
year, sparking criticism from some lawmakers who believe the agency is
bullying mom-and-pop companies.
Under the heading “Notification of Possible Income Underreporting,” the letters started going out to small employers this summer demanding they review and confirm that they accurately reported their income on last year’s tax returns.
Read more here:http://www.washingtonpost.com/business/on-small-business/irs-probing-thousands-of-small-businesses-raises-eyebrows-in-congress/2013/08/13/50030296-0417-11e3-9259-e2aafe5a5f84_story.htmlhttp://www.washingtonpost.com/business/on-small-business/irs-probing-thousands-of-small-businesses-raises-eyebrows-in-congress/2013/08/13/50030296-0417-11e3-9259-e2aafe5a5f84_story.html
Under the heading “Notification of Possible Income Underreporting,” the letters started going out to small employers this summer demanding they review and confirm that they accurately reported their income on last year’s tax returns.
Read more here:http://www.washingtonpost.com/business/on-small-business/irs-probing-thousands-of-small-businesses-raises-eyebrows-in-congress/2013/08/13/50030296-0417-11e3-9259-e2aafe5a5f84_story.htmlhttp://www.washingtonpost.com/business/on-small-business/irs-probing-thousands-of-small-businesses-raises-eyebrows-in-congress/2013/08/13/50030296-0417-11e3-9259-e2aafe5a5f84_story.html
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