Tax Audits of Big
Business Are Declining, Study Says
http://www.nytimes.com/2010/04/12/business/12audit.html?ref=business
Are big businesses really escaping being audited or are they
just more honest or effective at filing error free returns? As Study by the Transaction Records
Access Clearinghouse argues the form while the IRS defends its position based
on the latter argument. Who’s
right? We probably will never
know.
Smart Tax Strategy:
Remember Muni Bonds
http://www.cnbc.com//id/36325179
Investing in Municipal Bonds might be better than investing
in stocks. According to a CNBC
article, which reminds us that home state bonds are unaffected by federal and
state taxes and the Medicare surtax, investors might be better with munis
because they will otherwise have to reduce healthy stock market returns by the
new government taxes that are being introduced.
Cheers,
Marsha Henry
Comments