Small businesses are more likely to comply with the tax laws if they are in certain communities in the country and if they have more trust in their tax preparer, according to a report by the Taxpayer Advocate Service.
The Taxpayer Advocate Service, which is part of the Internal Revenue Service, surveyed sole proprietors who file Schedule C with their 1040 tax returns, to better understand the factors that may affect their income tax reporting compliance.
Register or login for access to this item and much more
All Financial Planning content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access