Can IRS Rely on Third Party Reports to Identify Taxable Income?

Published Categorized as Articles, Houston, Tax

If a third party collects monies for you and send you a report reflecting the monies but the reports show too much income, should you be taxed on the higher income or what you actually received? The Ghadiri-Asli v. Commissioner,… Read More

The post Can IRS Rely on Third Party Reports to Identify Taxable Income? appeared first on Houston Tax Attorneys: Kreig Mitchell.

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DID YOU KNOW THATOver 90% of IRS Audits Result in More Tax Due?
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