Increased Funding Would Support IRS Drive To Audit More Partnerships and Wealthy Individuals
By EsqSocial Corporation 05/05/21
More — and more rigorous — IRS examinations are coming. The Biden administration is committed to closing the “tax gap” (the difference between taxes owed and taxes actually paid on time). Increased enforcement efforts are perceived to be a way to increase tax revenue without increasing rates....
By: Skadden, Arps, Slate, Meagher & Flom LLP