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The IRS, hit by the Trump administration's federal workforce cuts, has lost 31% of its auditors through March, government watchdog finds.
The Internal Revenue Service is expected to lean more heavily on artificial intelligence technology to select cases as it ...
“While we settled a portion of the IRS audit for tax years 2004 to 2006 during the third ... are primarily related to transfer pricing and could have a significant impact on our financial statements ...
changes in leadership and the impact on resources resulting from budget cuts mark a low point for the IRS. They may also mark a reduction in the number of tax returns they'll audit. IRS officials ...
even if you feel like you don't — and there are steps you can take to try and minimize the stress and financial impact. By taking the right approach, you can typically resolve an IRS audit issue ...
In fiscal 2022, the IRS closed 708,309 audits, resulting in nearly $30.2 ... the pandemic-related Economic Impact Payment under the $1.9 trillion American Rescue Plan. The second most found ...
By looking at the geographic location of EITC claimants, one gets an idea also of the impact of the IRS audit policy. In recent years, IRS audits have dropped off dramatically because they've been ...
Here's what experts say. The Inflation Reduction Act set aside $79 billion to beef up the IRS, leading to concerns about the impact of increased audits in many corners. But experts say many small ...