That Individual Looking to Buy Your Business Might Be an Undercover IRS Agent
May 24th, 2010 admin
I was at the annual SuperSeminar a couple of weeks ago. Bob McKenzie , one of the presenters, mentioned that the IRS has found that sending undercover agents to businesses that are for sale has been a very useful strategy. Mr. McKenzie told the story of the sale of a Chicago pub, where the owner maintained two sets of books. The pub owner told a prospective buyer not to worry that the pub had only been slightly profitable; the true books showed the real profits…
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