Congress Urges IRS to Ease Up on Audits of Small Businesses

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Via Webcpa

A recent study found that in 2007, small businesses were 41% more likely to be audited than in 2005, ,while companies with $250 million in assets or more were audited 40% less often.  In a recent hearing, law makers pressed the IRS to ease up on audits of small businesses.

Read the full story here:

http://www.webcpa.com/article.cfm?articleid=31216

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