Red flags that trigger an IRS tax audit findings
A summary of common IRS audit red flags including excessive red ink on deductions for repeated losses, large cash income, oversized home office and charitable deductions, improper interest writeoffs, excessive vehicle expenses, dubious miscellaneous writeoffs, casualty claims, extreme generosity, abusive shelters, and risky returns from unscrupulous preparers. Provide documentation to support claims and avoid suspicion.
MENTIONED IN THIS ARTICLE
Bill Sing
Los Angeles Times
Internal Revenue
IRS
Judy C. Keisling
H&r Block
Sidney Kess
New York
CPA
Kess
Feds
Una
Mars
Fax Machines Change How Businesses Work
Attitudes vary on fax use with lawyers drafting contracts across cities, saving time on revisions and settlements. Some professionals report little personal impact, preferring in person meetings. A Cedar Rapids restaurant group tried ads via fax, but only modest results, using it mainly to send ad copy and receive orders.
MENTIONED IN THIS ARTICLE
Wilford Stone
Lynch Dallas Smith & Harman
Morrie Schaller
Fries Bbq and Grill
Cedar Rapids
Nuclear waste funnel looms over Midwest transportation
Midwest Living warns that in ten years the region could become a waste funnel as Yucca Mountain opens the nations first permanent spent fuel dump by 2000. The volume of highly radioactive shipments is expected to rise to several hundred annually, reshaping regional logistics and safety concerns.
MENTIONED IN THIS ARTICLE
Midwest Living Magazine
Midwest
Yucca Mountain
Nevada
Premiere
People
Rob Lowe
Sierra
Wildlife Conservation
Vietnam
Elizabeth Kems
Secret to on time flights lies in tiny code dot
Travelers can gauge punctuality by the final digit in each flight's code. A score from 9 to 0 indicates on time performance, with 0 the worst and 9 the best. The article notes few passengers use this simple clue despite mandated on time reporting.
MENTIONED IN THIS ARTICLE
Washington
Usair
Philadelphia
Boston
What's Up Major economic indicators and events this week
Week focuses on federal fraud probe sentencing in Chicago and key February data. Commerce Department reports new home sales and February personal income, followed by February factory orders. Area meetings include KSF Associates breakfast in Cedar Rapids and Iowa Association of Railroad Passengers annual gathering with regional rail passenger group.
MENTIONED IN THIS ARTICLE
NYS Adm Adm
Otc Aegon
ADR Aegny
NYS Amca International Ail
Americawest Air Awal
Banks OF Iowa
BIOW
Brenton Banks Babk
AME Curtice-Burns Cbi
NYS Cycare Cys
NYS Eastman-Kodak EK
Equitable OF Iowa
EQICE
Firstint Iowa Fisa
ORC
Wisc Fiwi
NYS General Mills
GIS
NYS Gillette GS
NYS Hanson PLC Han
OTC
Hawkeye Bancorp
HWKB
Heartland Express
HTSO
HON Industries
HONI
Nysie Industries Iel
NYS James River JR
OTC Jiffy Lube Jlubc
NYS Longview Fibre Lfb
NYS Maytag Myg
Ore Met-Coil Mets
NYS Moore Corp. Ltd
MCL
Nash Finch Nafc
NAT L Comp. Sys Nlcs
NYS
Norwest Nob
Otc Penwest(s) Penw
NYS Procter & Gamble PG
NYS Quaker
OAT
NYS Raytheon Rtn
NYS Rockwell Rok
NYS Squared Sap
Telecom USA
Otc United Fire
UFOS
NYS United Technologies Utx
NYS Wmt
Walmart(h
NYS Weyerhaeuser Wy
NYS W.R. Grace Gra
Nordby International Inc
Boulder
Nordby International
the Gazette Co
Chicago
Commerce Department
Iowa Association of Railroad Passengers
Highlander Inn
I-80
Route 1
National Association of Rail Passengers
Also Mentioned on This Page
Scott Overland
Northwestern Mutual Life
Iowa
Gainer
Vances
Longview
Amca Int'l
OPP
Dow Jones
New York City
Phoenix
Las Vegas
Los Angeles
Pittsburgh
Toronto
Munich
CR Eees Ener Egenrscen Raeer Oneeen
Source
U.S. Department of Agriculture
Southpoint
Tom Chaffin
New Orleans
Jim Newton
Andrew Young
Georgia
Child Care Inc
Nancy Kolben
Marge Baxter
IMCOR
National Foundation For Consumer Credit
University of Maryland
Frank Levy
Fortune
Ade
Hungary
Germany
Denmark
Canada
U.S.A
U.S.S.R
China
Mexico
Delta Flight 648
KSF Associates
Hoover Room
Roosevelt Hotel
Fujitsu
CCITT
Fujitsu Imaging Systems of America
Japan
Whousi
Wilson Avenue
S.W