The Internal Revenue Service said it plans to sharply increase audit rates for big corporations, partnerships and multimillionaires over the next three years after a massive boost in funding by the ...

The IRS is supposed to focus on audits of corporations and high-income and wealthy taxpayers. But who’s really under the agency’s microscope? Some answers can be found in a new report shedding light ...

President Joe Biden promised that tens of billions of dollars for the IRS in the 2022 Inflation Reduction Act would not be used to increase audits of individuals making $400,000 or less annually. But ...

The Internal Revenue Service detailed its plans Thursday to significantly ramp up audit rates of wealthy taxpayers and large corporations, using funds provided by the Democrat-backed Inflation ...

IRS says audits for rich people and corporations are about to hit a whole new level. Buckle up. Provided by Dow JonesMay 4, 2024 2:30pm Andrew Keshner IRS releases new specifics on its plans for using ...

It's rare IRS agents will come knocking on your door to perform an audit these days. Most audits are now done via mail or in person at an IRS office or the taxpayer's place of business, but they're ...

Internal Revenue Service headquarters in Washington, D.C. The Internal Revenue Service's plan under the Biden administration to audit high-income taxpayers appears less likely after staffing and ...