IRS Reviewed More Business Returns in 2015

The Internal Revenue Service (IRS) released statistics on the Department’s 2015 enforcement activities last week and the results show an 8% increase in the number of business returns examined.  The IRS has seen its budget cut by $900 million in the aggregate over the past five years and is making its pitch to Congress for…

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IRS Plans One Million Audits in 2015

Americans’ 2015 tax returns are due in to the Internal Revenue Service next Wednesday, April 15, so it seems timely to advise that the IRS earlier this month announced that they plan to undertake 1 million audits of tax returns.  IRS Commissioner John Koskinen made the announcement in a speech to the National Press Club…

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