The Internal Revenue Service doesn't collect data on taxpayers' race or ethnicity, but some of its methods could lead to disparities in its audit rate, according to a new report. The GAO report ...
Money Digest on MSN
Taking This Business Credit Could Increase Your IRS Audit Risk
The IRS pays close attention to certain business credits. Without proper documentation, taking this one could put you at greater audit risk.
The IRS will increase tax audits on the wealthiest Americans and large corporations as part of its effort to crack down on tax cheats. The agency received $80 billion in new funding as part of the ...
A view of the IRS headquarters. (Photo by Karen Bleier/AFP via Getty Images) The IRS’s primary tool for flagging tax returns for audit is a “first-wave” AI system that includes inputs from humans, ...
Washington, DC, March 22, 2018 (GLOBE NEWSWIRE) -- The Bureau of the Fiscal Service, on behalf of the Treasury Inspector General for Tax Administration (TIGTA) issued a solicitation for small ...
Audits by the IRS are most taxpayers' worst nightmares. While the likelihood of an audit is less than 1%, and only 0.86% of U.S. taxpayers were audited last year, there are certain factors that ...
In a government shutdown, most federal agencies and workers experience some impact. All "non-essential" work is forced to stop. However, federal agencies have backup plans, and essential services ...
Defense Secretary Pete Hegseth on Monday alleged that the Biden administration “rushed” an IRS audit of him after he was nominated, suggesting that the former administration ordered a politically ...
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