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IRS Computers Use Document Matching Programs for Both Individuals and Business

question 99

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IRS computers use document matching programs for both individuals and business taxpayers to keep the audit rate low.


Definitions:

Intrinsic Value

Intrinsic value is the inherent, true value of an investment, regardless of its current market price.

Dividends

Distributions of earnings paid to shareholders by a company, typically out of its profits.

Market Value

The current value of an asset or company based on market prices, reflecting what the market is willing to pay for it.

Common Shares

Equity securities that represent ownership interests in a corporation, giving holders voting rights and a share in the company's profits via dividends.

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