Yikes! The IRS Now Asking for QuickBooks Database File

IRS agents are now asking for a copy of the taxpayer’s QuickBooks data base. The IRS has purchased 1,500 to 2,000 licenses from Intuit and will begin training agents to use QuickBooks in their examinations of taxpayers. It will be done only on those examinations that the agent deems necessary and if the taxpayer refuses […]