Purchase Solution

Thoughts on how uncertainty could affect taxpayers

Not what you're looking for?

Ask Custom Question

Do anyone have any thoughts on how uncertainty could affect some taxpayers?

Purchase this Solution

Solution Summary

The 168 word, cited solution explains the current tactics of the IRS to maintain a level of uncertainty regarding audit selection criteria, and how uncertainty works to the benefit of the IRS.

Solution Preview

Uncertainty has been used successfully by the IRS for many years. By not publishing their audit guidelines and manuals, the IRS has managed to leave enough uncertainty about the selection process to encourage taxpayer compliance with rules and regulations.

If the IRS were to publish the exact guidelines for audit selection including the tolerance ...

Purchase this Solution


Free BrainMass Quizzes
Income Streams

In our ever changing world, developing secondary income streams is becoming more important. This quiz provides a brief overview of income sources.

IPOs

This Quiz is compiled of questions that pertain to IPOs (Initial Public Offerings)

Balance Sheet

The Fundamental Classified Balance Sheet. What to know to make it easy.

SWOT

This quiz will test your understanding of the SWOT analysis, including terms, concepts, uses, advantages, and process.

Understanding the Accounting Equation

These 10 questions help a new student of accounting to understand the basic premise of accounting and how it is applied to the business world.