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Money - For many Americans living in the UK, paying off a mortgage is a significant milestone—a moment to breathe a little ...
Fewer Agents, Fewer Audits: How IRS Staff Cuts Are Changing Enforcement Significant reductions in the IRS workforce appear to be increasing the number of 'no change' audit closures.
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IRS data-driven algorithms selected Black taxpayers for auditing at up to 4.7 times the rate of non-Black taxpayers. The agency says it’s moving to correct the disparity.
Lately, it feels like they’re rewriting the playbook behind closed doors — and some election-year actions by former President ...
Significant reductions in the IRS workforce appear to be increasing the number of 'no change' audit closures. The shift could potentially increase the overall tax gap — the difference between ...
To protect against certain risks, businesses can create “captive” insurance companies. The final regulations designate ...
An IRS tax transcript is a downloadable record that shows return information, wage reporting, payment history, refund activity, and internal IRS codes tied to collections or audits.