IRS Oversight of Nonprofits' Jet Use Deemed Weak by Watchdog
The IRS faces challenges in ensuring that tax-exempt organizations’ use of private jets complies with the tax code, an agency ...
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Deducting Expenses From a Corporate Jet? Expect to Hear From the IRS
“Post-Covid I definitely think there has been an uptick in the purchase of private ... audit, and document everything. An IRS investigation of the business and personal use of a corporate jet ...
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The IRS is overhauling how it audits
like private jets, for personal use People making under $400,000 and small businesses won’t be subject to more audits as a result of the changes, IRS Commissioner Daniel Werfel said. The IRS ...
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The IRS is overhauling how it audits. Here’s who is a target
like private jets, for personal use People making under $400,000 and small businesses won’t be subject to more audits as a result of the changes, IRS Commissioner Daniel Werfel said. The IRS ...
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I’m an Accountant: Here Are 3 Ways To Prevent a Tax Audit
“The IRS will give a close look to excessive business tax deductions, like private jet usage,” Greene-Lewis ... While these tips can help you avoid an audit, there is still a chance you ...