Latest / Tax Rep Network with Eric Green
7: Why The IRS Is Going To Get The Quickbooks File by Tax Rep Network
It is routine that the IRS examiners request not just copies of reports from Quickbooks, but the actual Quickbooks file. Does the client have to turn the file over, and why is the IRS so intent to obtaining the electronic back-up? In this episode Eric explains what the IRS can and cannot get, and how to deal with the issue of the Quickbooks file.
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.