The IRS can require that the taxpayer produce its financial accounting records, to determine if taxable income is computed correctly.

Name: The IRS can require that the taxpayer produce its financial accounting records, to determine if taxable income is computed correctly.
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The IRS is authorized to request financial accounting records to verify the accuracy of a taxpayer's income reporting. Failure to comply with such a request can result in penalties and fines.

The IRS Can Require That the Taxpayer Produce Its Financial