IRS lowered its sights on high-income taxpayer audits

The Internal Revenue Service switched over from focusing its audits on taxpayers earning $10 million or more to those earning $400,000 or more after passage of the Inflation Reduction Act.

Jun 25, 2024 - 05:00
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IRS lowered its sights on high-income taxpayer audits
The Internal Revenue Service switched over from focusing its audits on taxpayers earning $10 million or more to those earning $400,000 or more after passage of the Inflation Reduction Act.