Use Practical Strategies in Case of an IRS Audit

Use Practical Strategies in Case of an IRS Audit

John Alan Cohan, Attorney at Law

Cattle Today

Excessive business deductions by livestock or general farmers, or horse owners–or for that matter, most any other business– trigger IRS audits. If you are audited in connection with any farming, livestock or horse activity, the IRS will usually start with one tax year and then look back or forward for other years to see the history of losses or profits.

FULL STORY

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