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I.R.S

I.R.S. Deploys Artificial Intelligence to Catch Tax Evasion

Andrew McCollum Sep 9, 2023 0

The Internal Revenue Service has started using artificial intelligence to investigate tax evasion at multibillion-dollar partnerships as it looks for ways to better police hedge funds,…

Business

The I.R.S. says new funding won’t mean more audits for middle-income Americans.

Dustin Moskovitz Aug 5, 2022 0

WASHINGTON — Charles P. Rettig, the Internal Revenue Service commissioner, told Congress on Thursday that the tax collection agency would not increase audits of households earning less than…

Business

The I.R.S. backlog of unprocessed tax returns has grown to 21 million.

Dustin Moskovitz Jun 23, 2022 0

WASHINGTON — The backlog of tax returns at the Internal Revenue Service has grown to more than 20 million in the last year despite efforts by the Biden administration to process filings and…

Business

Millions of tax returns have not been processed as the I.R.S. tries to clear its…

Dustin Moskovitz Jun 22, 2022 0

Millions of 2021 taxpayer returns filed with the Internal Revenue Service have yet to be completed, and the agency is facing a larger-than-normal backlog at this point in the tax season, the…