IRS Tax Abogado Cerca Aurora

IRS-Audit-Passive-Loss-Active-Participation

By madwire / February 15, 2017

Routine IRS Audits Can Become Complex Situations Imagine that the IRS office in Matteson, IL sent a Notice of Tax Examination to a small, Joliet-area business. For the year under exam (or “audit”), the business reported an operating loss. The IRS tax audit was completed, and from there, all income and expenditures were properly reported…

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