IRS putting the squeeze on small companies

Published



The IRS is using “intimidating” tactics to extract the most money it can from small companies in the process of auditing them, including pressuring the clients and neighbors of small business owners, a tax preparer warned Congress this week.

And some of those tactics could be the result of the IRS’s reduced auditing budget, which is putting pressure on IRS auditors to shake down companies as quickly and efficiently as possible.

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