Topic
tax-audits
2 stories related to this topic, newest first.
axios.compolitics54 days ago
Justice Department Bars Future IRS Audits of President Trump
The Justice Department reached a settlement that ends pending IRS audits of President Trump and his business. The agreement also resolves a $10 billion lawsuit filed by Mr. Trump over the leak of his tax returns.
ksl.comtechnology80 days ago
IRS Audit Rates Remain Low Amid AI Adoption and Staffing Changes
The IRS has historically audited less than 1% of tax filers, with rates varying by income and claims. Recent changes include staff reductions and increased AI use for identifying non-compliance. The impact on future audit rates remains uncertain due to staffing shortages and AI d…