The Internal Revenue Service has launched a new initiative using artificial intelligence to detect and penalize tax evasion amongst 75 hedge funds, private equity groups, real estate investors, and ...
Getting an audit letter from the Internal Revenue Service (IRS) can be stressful, but it doesn't automatically mean you're in legal trouble. "Don't panic," says tax attorney Alyssa Maloof Whatley. "A ...
Money Digest on MSN
The Tax Numbers That Could Increase Your Risk Of An IRS Audit
Read more: The IRS Is More Likely To Consider You For Audit If You Make These 12 Mistakes ...
Millions of Americans have filed their income tax returns already, and tens of millions more will be doing so in the coming weeks. With the heavy lifting done, people can turn their attention to other ...
Every year, over 100 million Americans file their taxes for their household or themselves. Most of them go all out to do it by April 15, but the IRS can provide up to six more months (upon request) to ...
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 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 ...
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