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IRS says number of audits about to surge. Here's who it is targeting.
CBS News via Yahoo Finance· 4 days agoThe IRS says it is about to ramp up audits as it cracks down on tax cheats and seeks to deliver more...
IRS acts to address wide disparity in audit rates between Black taxpayers and other filers
WJXT Jacksonville· 4 days agoThe IRS said Thursday that it has taken steps to address a wide disparity in audit rates between...
IRS Unveils Plan to Crack Down on the Rich
The Fiscal Times· 4 days agoThe IRS wants to increase its audit rate for taxpayers earning more than $10 million by about 50%, according to an updated operating plan released...
IRS Says Audits Are About to Surge, and Shares Who Will Be Targeted
Best Life· 3 days agoTaxpayers can breathe a sigh of relief knowing the 2023 tax year is over—for the most part at least....
IRS Says You Have Until May 17 to Get Unclaimed Refunds: "Money on the Table"
Best Life· 5 days agoThe Internal Revenue Service (IRS) is beginning to issue tax refunds to those who withheld too much...
IRS says audits for rich people and corporations are about to hit a whole new level. Buckle up.
MarketWatch via Yahoo Finance· 3 days ago“This report should lay to rest any lingering myth about a super-sized IRS,” IRS Commissioner Danny...
IRS Modernization Efforts Pose Challenges as Enterprises Embrace eFiling
PYMNTS.com· 2 days ago“Like any large business, the IRS has a vast portfolio of operating systems,” Walker said. The...
IRS unveils major changes in new 18-month plan
Newsweek· 3 days agoThe Internal Revenue Service (IRS) has announced major changes aimed at modernizing the federal agency's technology and improving its employee tools to...
Charities Make Pitch to Narrow IRS Donor-Advised Fund Proposals
Bloomberg Law· 3 hours agoCommunity foundation leaders and tax practitioners are pushing back against IRS proposed regulations they say are too broad and could stifle giving through donor-advised funds, an increasingly popular philanthropic tool.
IRS announces more audits for certain groups of taxpayers
KOAA5· 3 days agoThe increased audits do not come as a surprise after Congress passed the Inflation Reduction Act,...