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Gabriella Herrera

articles from Gabriella

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IRS Plans to Increase Audits on Small Businesses by 50%

Published 02/23/2021 by Gabriella Herrera

To say that 2020 was a difficult year for small businesses is an understatement. The rise of the pandemic caused a steady increase of closures across all industries, which have put many small businesses in survival mode. In the midst of all this turmoil, the IRS Deputy Commissioner for Small Business Examinations made an announcement that did nothing to quell concerns.