IRS Plans To Ask For An Auditing Road Map

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In another sign of the increasingly aggressive efforts by the IRS to target “large” business taxpayers, the IRS is planning on requiring a new schedule to be filed with the business tax return of any company whose total assets exceed $10 million. The IRS is using the “efficiency of resources” justification to require companies to disclose, on a soon-to-be-released schedule, the following....

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