By now, most practitioners are aware that the Internal Revenue Service has unveiled a new "National Research Program" which plans to audit up to 54,000 individual and business income tax returns in an effort to improve future compliance and boost the agency’s coffers.
The IRS, in its new taxpayer-friendly capacity, promises that these audits will not be ruthless or cruel, and that the data collected in this sample will help formulate a better system to detect non-compliance for future tax years.
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