Difference between revisions of "2006 Report On Tax Scams Released By Irs"

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Revision as of 20:36, 20 July 2025


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Many small business proprietors start with a sole proprietorship keep clear of the costs of forming a corporation or LLC. It is a wise decision as statistics show that most small businesses lose cash for the first several years.

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If any books of accounts, documents, assets found or seized belong to the other person, the concerned AO shall proceed against other person as provided u/s 153A and 153B. The assessment u/s 153C should be also completed with twenty one months from your end belonging to the financial year when the search was conducted like assessment u/s 153A.

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