Discussion Post on IRS and Federal Tax with Scripture Integrated
Business Finance
200-300 word discussion post on questions below. use 2 sources and integrate scripture
Approximately what percentage of Federal Tax returns does the IRS audit? What are the implications of this number for the IRS’s strategy in selecting which returns for audit? When composing a tax return for others or for yourself; should attention be given to what normally triggers an IRS audit? What are a few of the “red herrings” that may trigger an IRS audit?
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President Trump is moving the U.S. Economy unto less regulation. Please copy/paste the below linked URL to your browser. View the video depicting the two opposing sides relative to government regulation of a country’s economy:
https://www.youtube.com/watch?v=d0nERTFo-Sk
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If the IRS is largely dismantled; how may this affect the public’s propensity to fairly represent their income and expenses on their Federal Tax Returns? Explain.
