23 Aug Small Businesses Receive IRS Letter 5036 – Under Reporting of Income
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in Income, IRS Collections, IRS Enforcement, IRS Examination, Tax Abuse, Tax Guidance & Preparation, Tax Problems & Requests
The IRS has over the last week or so started sending Letter 5036 to small businesses questioning the possible under reporting of income. The letter looks intimidating as it's header states "Notification of Possible Income Under reporting" and starts with "Your gross receipts may be under reported." Rest...