IRS says audits for rich people and corporations are about to hit a whole new level. Buckle up. The tax agency announced new goals in an effort to show what it’s doing to maximize the billions of dollars provided by the Inflation Reduction Act. 05/4/2024 - 3:30 am | View Link
IRS to increase audits for two specific groups and reduce for others The Internal Revenue Service (IRS) plans to ratchet up its audits for wealthier Americans and major corporations while at the same time tweaking a procedure that has led ... 05/3/2024 - 7:30 pm | View Link
IRS to increase audits for 2 specific groups and reduce for others The Internal Revenue Service (IRS) intends to conduct more audits for Americans earing $400,000 or more and major corporations, while at the same time reducing the numbers for Black taxpayers who face ... 05/3/2024 - 8:25 am | View Link
The IRS is Tackling the Huge Gap in Audits Rates Between Black Taxpayers and Other Filers The agency also announced it will spend some of its $60 billion bump in funding to look at big corporations, partnerships and multimillionaires over the next three years. 05/3/2024 - 5:44 am | View Link
The IRS is overhauling how it audits. Here’s who is a target The tax agency said Thursday it will be “taking swift and aggressive action” to crack down on people and companies not paying taxes properly. 05/2/2024 - 10:02 am | View Link