Tax forms with Audit stamped on them

Strategies to Tackle the Upcoming Surge in IRS Audits for Wealthy Taxpayers

The Internal Revenue Service (IRS) is sharpening its focus on America’s wealthiest taxpayers, signaling a wave of increased audits, particularly targeting large partnerships. In light of this, it’s prudent for those within the IRS’s scope to reassess their tax filings, especially over the last three years, the typical statute of limitations for IRS audits. Scrutinizing …

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