No Money for Christmas Not Worry about IRS Audit

Some people are asked if they are starting to worry about an IRS audit and they say that they do not have money for Christmas so the fear of an IRS audit is not surfacing for them.

Times are tough for many families trying to work and pay taxes but jobs are also hard to find and employers are still laying off people all the time.

It seems like some companies are laying off people every month. The Fed cannot slash interest rates fast enough to stop the downward spiral of economic turmoil. As people do not have money, they will pay less taxes and it is going to be bad for the IRS.

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18 December 2008 | Reference

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