Sunday, April 13, 2008

Economy

IRS eases pressure on Big U.S. companies, study says

NEW YORK: Most Americans dread tax season. But corporate America seems to have less to fear from the Internal Revenue Service than it used to, according to a new study.

The IRS's scrutiny of the biggest U.S. companies is running at a 20-year low, according to the study, conducted by Transactional Records Access Clearinghouse, or TRAC, a research group affiliated with Syracuse University.

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