Question: (CO B) Which statement is false? The IRS does not have unlimited discretion to use an indirect method. The lifestyle of a person may give

(CO B) Which statement is false?

The IRS does not have unlimited discretion to use an indirect method.

The lifestyle of a person may give clues as to fraud possibilities.

For taxpayers who are self-employed, IRS agents may use indirect methods to find unreported income.

Fraud auditing is like an iceberg because many of the structural aspects are below water.

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