Obama Proposes Increased Tax Audits to Boost Revenue
The Obama administration recently announced that the current year’s budget deficit is far worse than expected, projected to balloon to more than $1.8 trillion by September 30, about $89 billion more than earlier estimates. For the current year, the government will be borrowing approximately 46% of the amount necessary to run the country.Back
The McGill Advisory is designed to provide accurate and authoritative information with regard to the subject matter covered. It is sold with the understanding that the publisher is not engaged in rendering legal, accounting, or other professional services. If legal or accounting advice or other expert assistance is required, the services of a competent professional should be sought.
Copyright © 2013 John K. McGill & Company, Inc. All Rights Reserved.