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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.
January 12 -
The new positions, which will be in more than 250 locations, will help ramp up compliance efforts against high-income earners, partnerships, large corporations, and promoters.
September 18 -
The service will need to tread carefully with how it uses artificial intelligence amid growing questions about the reliability of the technology.
September 11 -
The IRS's $80 billion in new funding means more scrutiny of higher earners.
May 1 -
Avoiding common mistakes when filing returns for wealthy clients and exploring Roth IRA conversions are among the key considerations for advisors and accountants this tax season.
April 3 -
IRS algorithms in determining tax returns to audit, enforcement policy and resource constraints result in significant racial disparity in returns chosen for a tax audit.
February 14Wolters Kluwer Tax & Accounting North America -
The Internal Revenue Service audited fewer taxpayers last year, according to a new report, although audits of millionaires ticked up slightly.
January 4 -
Taxpayers are concerned the extra $80 billion will lead to more tax audits.
September 14 -
Commissioner Rettig is promising not to use the nearly $80 billion his agency will be receiving to increase audits of small businesses or taxpayers who earn less than $400,000.
August 17 -
The service is taking steps to increase its audit rates of higher-income taxpayers after coming under sharp criticism in Congress over its lagging audit numbers.
June 1