Forbes

Tax Breaks: From Audits To Refunds, It’s All A Numbers Game

What scares you the most? Statistically, there are over 400 identified phobias, including less common ones like astraphobia (fear of otters ...
Oregonian

IRS says number of audits is about to surge; here’s who’s under more scrutiny

The number of Internal Revenue Service audits is set to spike in the coming years as the tax agency takes aim at specific groups. In a statement, the IRS said it is planning more audit focus on the ...
kcra.com

Middle Class Tax Refund had problems with customer service and fraud, audit finds

WITH WHAT TO WATCH FOR TONIGHT. TROUBLES, TRACKING FRAUD, UNANSWERED CALLS AND FRUSTRATED CALIFORNIANS TODAY, FOR THE FIRST TIME, WE’RE GETTING ANSWERS ABOUT WHAT HAPPENED WITH THAT MIDDLE CLASS TAX ...
NBC 10 Philadelphia

IRS weighing ‘audit selection algorithm' changes for low-income taxpayer credit

After vowing in September to "substantially" reduce audits on a low-income tax credit, the IRS confirmed it's taking steps to address the inequity. During a House Ways and Means Committee hearing, IRS ...
JD Supra

Client Alert: Tax Preparer Audits and Investigations: How to Best Prepare and Respond to an Inquiry

The Internal Revenue Service (“IRS” or the “Service”) aggregates, reviews, and analyzes taxpayer data and determines whether to manually or systematically audit the reported information. When the ...