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Why The IRS Is Cracking Down On Small Businesses

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WASHINGTON, DC - JULY 22: The Internal Revenue Service Building is shown July 22, 2013 in Washington, DC. (Photo by Win McNamee/Getty Images) | Getty

Swipe your card at a local store and you might be creating some serious tax headaches for the business owner.
The Internal Revenue Service has sent out letters to 20,000 small businesses since fall 2012, notifying them of "possible income under-reporting."

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