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.
IRS says its number of audits is about to surge. Here's who the agency is targeting.
The IRS is tapping Inflation Reduction Act funding to hire more agents and go after more tax cheats. Here's where it is focusing.
IRS says it will boost audits on wealthy, address racial disparities
The agency says it will increase audits on people who earn more than $10 million from 11% to 16.5% by 2026. As for businesses, the IRS will triple audit rates for those with assets over $250 million. It will also audit 10 times as many business partnerships with assets over $10 million.
IRS to boost audit rates for big firms, millionaires
WASHINGTON >> The Internal Revenue Service said on Thursday that it plans to sharply increase audit rates for big corporations, partnerships and multimillionaires over the next three years as it ramps up enforcement spending and hiring to boost collections.
IRS Announces Audits Surge Coming
In a bold move to enhance fairness in tax collection, the IRS is gearing up to significantly increase its audit activities, targeting the financial heavyweights of society—wealthy individuals and larg
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.
SEC charges firm that audits Trump’s social-media company with ‘massive fraud’ affecting hundreds of filings
The auditing firm used by Donald Trump’s Truth social media company has been charged with “massive fraud” by the Securities ...
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 ...
Trump Media auditor charged by SEC with 'massive fraud,' barred from public company audits
Use precise geolocation data. Actively scan device characteristics for identification. Store and/or access information on a ...
SEC charges Trump Media auditor with ‘massive fraud,’ saying it faked audits
Trump Media auditor BF Borgers falsified audits of hundreds of publicly-traded companies, according to an SEC report.
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.
ABC Action News2d
IRS announces more audits for certain groups of taxpayers
The Inflation Reduction Act, which provided $80 billion for the IRS to strengthen its staffing, was universally opposed by ...
IRS audits, Gaza & more: What’s trending today
A look at some of today's top trending headlines including the latest on the war between Israel and Hamas and worldwide reaction to the devastation in Gaza, a new IRS plan to increase audit rates and ...
Laredo Morning Times1d
UISD earns top scores in state safety and security audits
UISD received a 100% rating from the Texas Education Agency and the Texas School Safety Center for safety and security ...
The Meadville Tribune1d
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 ...
Catch up on the day’s stories: Pushing back against book bans, IRS ramps up audits, Kevin Bacon gene
4️⃣ Kevin Bacon: The actor inspired the name of a newly identified gene — “dokb” for short — that’s responsible for ...