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Audit Reconsideration


bay

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FYI - I know that the topic has come up before in regards to requesting an audit reconsideration. I had requested such a hearing in May 2007 and just had my hearing today with the IRS. Basically the IRS allowed about 80% of the issues or items that we were requesting. So instead of the taxpayer owing 12-k they will owe about 4-k. As I mentioned in a prior post it can take alot of time and effort to properly prepare but it is worth it if you believe that the facts are in your favor.

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