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February 21, 2024
Like it or not, Tax season is here, and with it comes the fear of being audited by the IRS. While most taxpayers breeze through the filing process without a sna
January 12, 2024
On December 13, 2023, the IRS revealed a revamped leadership structure, introducing Chief Information Officer and Chief Operating Officer positions to leverage technology more...
December 7, 2023
On 10/12/23 announced new tax gap projections for tax years 2020 and 2021 showing the projected gross tax gap increased to $688 billion in tax year 2021, a rise of more than $192...
November 21, 2023
The distribution of wealth is a comparison of wealth among various people within a society or population.
November 1, 2023
On 9/823, the IRS announced new compliance efforts that will focus on increasing scrutiny on high-income taxpayers, partnerships, corporations and promoters abusing tax rules on the...
September 23, 2023
This month, the IRS announced that it is using the long-term funding approved by Congress through the Inflation Reduction Act of 2022 to shift its attention to wealthy taxpayers in an...
September 12, 2023
"It's the donor class, stupid."
September 8, 2023
The IRS issued a news release today announcing a continued and more focused use of Artificial Intelligence (AI) to audit partnerships, large corporations and alleged tax shelter...
September 8, 2023
(The Center Square) – The IRS announced new enforcement initiatives Friday to crack down on 1,600 millionaires and 75 large companies it said owe hundreds of millions in unpaid taxes.
May 2, 2023
Daily review is also your post. This provides Standardistas the opportunity to review events of the day. The usual rules of good behaviour apply (see the Policy). Don’t forget to be kind to each other …