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Avoiding IRS Art Donation Audits Requires an Up-Front Checklist
Bloomberg Law· 1 day agoArt may be in the eye of the beholder, but art valuation for tax purposes is in the eye of the IRS. Improper deductions based on inflated art valuations are now in the agency ...
IRS to increase audits for 2 specific groups and reduce for others
The Cleveland Plain Dealer· 5 days agoThe Internal Revenue Service (IRS) plans to ratchet up its audits for wealthier Americans and major...
IRS Generation-Skipping Transfer Tax Rules Ease Request Process
Bloomberg Law· 18 hours agoThe IRS’s final rules detailing when taxpayers can get more time to use the generation-skipping transfer tax exemption streamlines the process of requesting that extension.
IRS acts to address wide disparity in audit rates between Black taxpayers and other filers
KAAL Austin· 6 days agoThe IRS said Thursday that it has taken steps to address a wide disparity in audit rates between...
IRS Modernization Efforts Pose Challenges as Enterprises Embrace eFiling
PYMNTS.com· 4 days ago“Like any large business, the IRS has a vast portfolio of operating systems,” Walker said. The...
IRS announces more audits for certain groups of taxpayers
Scripps News via AOL· 5 days agoThe increased audits do not come as a surprise after Congress passed the Inflation Reduction Act,...
IRS acts to address wide disparity in audit rates between Black taxpayers and other filers
Houston Chronicle· 6 days agoThe IRS said Thursday that it has taken steps to address a wide disparity in audit rates between...
IRS acts to address wide disparity in audit rates between Black taxpayers and other filers
Associated Press· 6 days agoThe IRS said Thursday that it has taken steps to address a wide disparity in audit rates between...
House IRS
Goshen News· 17 hours agoInternal Revenue Service (IRS) Commissioner Danny Werfel speaks during a House Committee on Appropriations Subcommittee on Financial Services and General...
IRS acts to address wide disparity in audit rates between Black taxpayers and other filers
theGrio· 5 days agoThe IRS said Thursday that it has taken steps to address a wide disparity in audit rates between...