Tax audits

The Treasury Department directed the IRS not to use any additional Inflation Reduction Act funds to increase audits on small businesses or households earning less than $400,000.

Six years of the Centralized Partnership Audit Regime have elucidated a central understanding: the provisions present plenty of potential pitfalls for partnerships, partnership representatives and the partners.

The agency is hoping to counter a widespread impression that people can get away without paying their taxes, according to Commissioner Werfel.

The Government Accountability Office recently found that some populations may be getting selected for IRS audits at a higher rate than others.

The Internal Revenue Service switched over from focusing its audits on taxpayers earning $10 million or more to those earning $400,000 or more after passage of the Inflation Reduction Act.

The Internal Revenue Service is setting up a new unit to target the use of basis shifting between related parties as a way for partnerships to avoid paying taxes.

The Internal Revenue Service is turning to artificial intelligence to help select tax returns to audit and narrow the tax gap, but it needs to use this new technology consistently and transparently, according to a new government report.

Companies retreat to less risky tax strategies when IRS budgets are robust, according to a new study.

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.

The campaign is part of a larger effort by the IRS to increase its scrutiny of high-income taxpayers and large businesses to help close the tax gap.

With the IRS continuing to launch promoter audits, it is important that anyone subject to such an audit consider a few strategic issues.

The agency will begin three to four dozen new audits this spring to see if inappropriate deductions were made.

The Internal Revenue Service will be scrutinizing the use of corporate jets, focusing on big corporations and partnerships, as well as high-income taxpayers.

The Internal Revenue Service would be able to implement changes to the Child Tax Credit within weeks, IRS Commissioner Danny Werfel told Congress, and send out tax refunds promptly.

Avoidance above all; conferences to attend; creeping brackets; and other highlights from our favorite tax bloggers.

Businesses are likely to see more sales tax audits in 2024 as a result of changes happening across the states, according to a new report.

Swag taxes; audit ROI; your best reading for 2024; and other highlights from our favorite tax bloggers.

The service reported on its increased enforcement efforts on Friday, including collecting over half a billion dollars from millionaires who didn't pay their taxes.

Democratic lawmakers want the service to look into the possible abuse of tax breaks on the island.

The service is improving its online tax pro accounts and hiring more accountants as it targets big corporations for audits.