IRS Compliance Efforts Target Pass-Through Entities, Expand Use of AI in Tax Audits by Joseph Leocata, JD, CPA, MBA
Posted on November 01, 2024 by Joseph Leocata
The IRS recently launched a new unit committed to enforcing U.S. tax laws among pass-through entities, such as S corporations, partnerships and trusts, whose income passes from the business to its owner’s individual tax returns where taxes are due at the owners’ marginal income tax rates. The move is part of the agency’s broader focus […]