The IRS aims to double audits for the richest Americans in the next three years While most returns are accepted, some face greater scrutiny from the agency The agency will use funding to improve ...
"An IRS audit is an examination or review of your information and accounts to ensure you're reporting things correctly, following the tax laws, and that your reported tax amount is correct. In other ...
The IRS says it is about to ramp up audits as it cracks down on tax cheats and seeks to deliver more revenue into the U.S. Treasury's coffers. But not every group of taxpayers will face more ...
The number of Internal Revenue Service audits is set to spike in the coming years as the tax agency takes aim at specific groups. In a statement, the IRS said it is planning more audit focus on ...
In 2022, the Internal Revenue Service (IRS) set a target of increasing its revenue by $100 billion over the next decade. The plan is to achieve this by increasing the level of audits to ensure ...
The IRS is about to increase audits to crack down on tax cheats and bring in more revenue for the U.S. Treasury. However, not every group of taxpayers will see more scrutiny.
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The Internal Revenue Service released new framework on who it intends to target with audits, claiming to shift focus away from working-class to wealthy taxpayers. The IRS said the new framework will ...