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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
On December 13, 2023, the IRS revealed a revamped leadership structure, introducing Chief Information Officer and Chief Operating Officer positions to leverage technology more...
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...
The distribution of wealth is a comparison of wealth among various people within a society or population.
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...