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Subject:
Item Title: Executive Compensation: What Are IRS Auditors Looking For?
Summary:
When the IRS audits a publicly traded corporation, one of the areas that examiners scrutinize is executive compensation, especially when it is in excess of $1 million annually. From an internal IRS guide, here are the questions that auditors are instructed to ask corporations in an initial interview when they are looking to narrow the focus of the documents they request.
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