tax-enforcement
4 stories related to this topic, newest first.
entrepreneur.comChina Targets Illegal Overseas Trading by Small Traders
Chinese authorities have expanded enforcement against unauthorized cross-border trading. The measures aim to collect taxes from previously unreported activity.
ibtimes.co.ukIRS Special Agent Faces Possible Termination Over Tax Filing Allegations
Brian Visalli, a 25-year IRS Criminal Investigation agent, has until May 29 to respond to allegations that he failed to file accurate tax returns and showed a lack of candor. The agency cited the conduct as egregious in a disciplinary letter.
Substrate placeholder — needs reviewJefferson County Businessman Sentenced to 18 Months for Failing to Pay Employee Taxes
Danny L. Nickelson Jr. received an 18-month prison term after he withheld Social Security, Medicare and federal income taxes from employees' paychecks but did not remit the funds to the IRS. The sentence triggers mandatory collection actions on the unpaid trust-fund taxes and add…
ksl.comIRS 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…