You receive the dreaded letter--the Internal Revenue Service is auditing your tax returns. In 2009 154 million individual income tax returns were filed with the IRS. In the same year the IRS audited 1.4 million individual income tax returns, but 1.1 million of these "audits" were by correspondence. An IRS agent met with the taxpayer or the taxpayer's representative in only 320,249 cases.
Saturday, June 19, 2010
When The Tax Man Cometh (In Person)
Forbes reports: