The Internal Revenue Service said that it will increase audits for the tax year 2026. In a statement, the agency said it would increase audits for the wealthiest taxpayers, large corporations and ...

The number of Internal Revenue Service audits is set to spike in the coming years as the tax agency takes aim at specific groups. In a statement, the IRS said it is planning more audit focus on the ...

The IRS has abandoned a 2020 Treasury secretary directive to audit 8% of individuals making more than $10 million and instead has shifted to focusing on high-income taxpayers making more than $400,000 ...

First, there were trackers on Taylor Swift and other celebrities' private jet usage. Now, the IRS is scrutinizing businesses' use of private aircraft, with the tax agency announcing that it will ramp ...

Josh Brock’s testimony shows how finance leadership can influence governance, oversight and financial controls when audit ...