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Weekly IRS Roundup April 22 – April 26, 2024
The National Law Review· 1 hour agoCheck out our summary of significant Internal Revenue Service (IRS) guidance and relevant tax matters for the week of April 22, 2024 – April 26, 2024....
IRS acts to address wide disparity in audit rates between Black taxpayers and other filers
KOIN News 6 Portland· 1 hour agoWASHINGTON (AP) — The IRS said Thursday that it has taken steps to address a wide disparity in audit...
IRS says number of audits about to surge. Here's who it is targeting.
CBS News via Yahoo Finance· 3 hours agoThe IRS says it is about to ramp up audits as it cracks down on tax cheats and seeks to deliver more...
IRS plans to increase audit rates of wealthy taxpayers by 50%
CNN via AOL· 3 hours agoThe Internal Revenue Service detailed its plans Thursday to significantly ramp up audit rates of...
Thune targets IRS staff's use of personal devices after reported failure to comply with TikTok ban
Fox News via Yahoo News· 3 hours agoSen. John Thune introduced a bill to stop the IRS from letting employees access sensitive data with...
IRS aims to more than double its audit rate for wealthiest taxpayers in strategic plan update
CNBC· 2 hours agoInternal Revenue Commissioner Danny Werfel speaks during his swearing in ceremony at the IRS in...
IRS Says You Have Until May 17 to Get Unclaimed Refunds: "Money on the Table"
Best Life· 1 day agoThe Internal Revenue Service (IRS) is beginning to issue tax refunds to those who withheld too much...
IRS News Release: Strategic Operating Plan Update
Bloomberg Law· 1 hour agoAn update on the IRS’s Strategic Operating Plan, a blueprint outlining future plans for the agency’s transformation work and highlighting dozens of improvements for taxpayers since passage of the Inflation ...
IRS issues warning on data security
Newsweek· 5 hours agoThe Internal Revenue Service (IRS) is urging business owners and tax preparers to protect their companies from cybercriminals and scams. The government...
How the IRS Plans to Ramp up Audits of Wealthy Taxpayers
The Wall Street Journal· 3 hours agoThe plan says the IRS will: + raise audit rates on large corporations with assets over $250 million...