Trends in client documentation that make accounting easier and audits less painful

Contributing sentiments towards policy:

51% : Whether or not the new IRS employees will focus enforcement on small businesses or large corporate and global high-net-worth taxpayers, there's every reason to expect there will be more need for accountants and their clients to prepare for audits.
49% : But more than half of it -- $45.6 billion -- has been earmarked for enforcement: identifying who owes taxes and action to collect what's owed, as well as legal support and criminal investigations.
48% : It's not unreasonable to wonder if a larger IRS workforce with a directive to focus on enforcement will choose to offer that qualified business deduction.
47% : Congress's Joint Committee on Taxation believes small businesses with less than a $200,000 annual income, will wind up generating 78% to 90% of the estimated additional $200 billion the IRS will collect.

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