Double counting

Reader comment on: IRS Audits of Small Businesses

Submitted by Fred Brewitt (United States), Feb 25, 2010 08:51

Fred, I don't believe that there will be double counting. That is a reporting check similar to when the auditor looks at bank statements to see how much was deposited. Some of the deposits may have been cash that was not reported in the books.

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Other reader comments on this item

Title By Date
There are new IRS reporting requirements [22 words]GH#1Mar 2, 2010 10:51
⇒ Double counting [45 words]Fred BrewittFeb 25, 2010 08:51
The issue is misstated [94 words]LyleFeb 23, 2010 08:24

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