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Most serious problems faced by taxpayers.(DEALING WITH THE IRS)(Brief article)

Executive's Tax & Management Report

| February 01, 2008 | COPYRIGHT 2003 CCH, Inc. (Hide copyright information)Copyright

Following is the complete list of the 26 most serious problems facing taxpayers, as identified by National Taxpayer Advocate Nina E. Olson in her 2007 Annual Report to Congress:

1. Impact of late-year tax law changes on taxpayers

2. Tax consequences of cancellation of debt income

3. The cash economy

4. User fees

5. Use and disclosure of tax return information by preparers to facilitate the marketing of refund anticipation loans and other products with high abuse potential 6. Identity theft procedures

7. Mortgage verification

8. Transparency of the Office of Professional Responsibility

9. Preparer …

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