Heightened IRS Oversight: Preparing High Earners for Scrutiny
Given recent technological advancements, increased accounting complexity, and economic pressures, the threat of criminal tax fraud has become more pronounced. This presents formidable obstacles for individuals and institutions alike.
September 09, 2024 at 11:39 AM
5 minute read
TaxGiven recent technological advancements, increased accounting complexity, and economic pressures, the threat of criminal tax fraud has become more pronounced. This presents formidable obstacles for individuals and institutions alike. In September 2023, the Internal Revenue Service (IRS) announced a significant initiative to increase tax compliance by employing over 3,700 new revenue agents (RAs).
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