Taxpayers, are in the home stretch of tax season 2016, in the United States. Everyone who has not filed yet, are doing so, because of the many deductions through tax exemptions, in which the IRS allow qualified filers. The major issue that plagues many individuals and businesses, is that sometime after April 15th, some become concerned, that they may become the target of an IRS Tax Audit.
No one knows when the Department of Treasury, will assign, one of its audit agents, to your income tax file.
Sometimes, the audit takes place a few weeks after the deadline. Other times, it can take place years and even decades, after the initial red flag, which the Internal Revenue Service deems necessary, to pin on your account with them. Many high end salary people and business, throughout history, have been audited years after they have reach financial freedom and success. In turn, some of these clients of the Internal Revenue Service, lose everything that they have worked so hard to obtain. Many others, manage to escape with owning their return back to the IRS.
Small businesses and Large families which depend on these refund checks, are now without their hard earned money. Keep in mind that 12 months, is a long time to go without extra money, your money. Here at The Free Printable Coupon Resource Center, we provide visitors with free articles and videos which caters to subjects, related with the shopping economy.
Without proper knowledge and disciplined practices, grocery and merchandise shoppers, miss out on unique opportunites, that will enhance their financial and savings endeavors anytime they participate within the US and Worldwide Economy.
The following video by dailyfinance.com, provides a series of information on tax audits and explains some of the philosophies behind a US IRS tax audit.
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