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Preparing for a Tax Audit


Preparing for an audit is sort of like preparing for a test in school: The IRS informs you of which sections of your tax return the agency wants to examine, so that you know what to "study." The first decision you face when you get an audit notice is whether to handle it yourself or to turn to a tax adviser to represent you. Hiring representation costs money but saves you time, stress, and money…

To read the full story at AllBusiness.com, click here.


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