Shift from Corporations to Partnerships Causes Challenges for IRS Audits
Description: Businesses are increasingly shifting their legal structures from corporations-- that are subject to corporate income taxes--to partnerships. This shift ...
Tag: Congressional Watchdog
IRS: Challenges in High-Income/High-Wealth Audits
To address the decline in audit rates for the highest-income taxpayers, in February 2020, the Department of Treasury directed IRS ...