If you are a tax preparer, what should you do right now to protect yourself from an IRS investigation later? First, retain electronic copies of your records; Second, train your employees concerning an IRS raid, and; Third, consider making changes to how you review a tax return with a taxpayer.
Read MoreEveryone hates taxes. Whether it be preparing taxes, filing taxes, or paying taxes, the only light at the end of the tunnel (obviously besides avoiding penalties and possible jail-time) is a possible tax refund.
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