Product Description: Filled with important IRS websites, state hot lines, and more than a thousand insider secrets, this widely acclaimed book--a Business Week bestseller--reveals critical strategies that the best CPAs use for their clients to file shrewd, legal, money-saving returns. With tax laws constantly changing and existing regulations hidden in voluminous tax codes, businesses and individuals in every income bracket need expert advice that cuts through IRS bureaucracy and prevents taxpayer horror stories. In this completely updated version, the authors explain the latest IRS targets and weapons, how to work with the IRS personality, and the thirty biggest misconceptions taxpayers have about their returns, from IRAs, refunds, gifts and inheritances to audit selection, deductions, avoiding penalties, and more. There's also a brand-new chapter, "New Tax Legislation--What It Means for You," and the most recently available information on the dramatic IRS overhaul.
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