Focus
tax enforcement
IRS Warns Taxpayers to Brace for Demands to Return Funds Wrongly Received for Pandemic-Era Relief
The IRS sent over 20,000 letters telling taxpayers their claims for a pandemic-era tax break were disallowed—and that the agency will be demanding repayment.
IRS Launches ‘Sweeping, Historic’ Tax Enforcement Crackdown Using AI
The IRS has announced a sweeping tax enforcement crackdown using artificial intelligence to catch tax evaders.
IRS Initiates Tax Crackdown Targeting Employee Stock Option Plans
The Internal Revenue Service (IRS) said is taking “swift and aggressive action” targeting compliance issues related to Employee Stock Ownership Plans (ESOPs), which are retirement arrangements where employees become partial owners of their company by owning its stock.