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Business News The Irs Is Cracking Down On This Small Business Tax Break What It Means For You | RobinsPost News & Noticias

The IRS is cracking down on corporate jet usage by wealthy Americans, corporations


The Internal Revenue Service (IRS) on Wednesday announced that it is going to increase audits of corporate jets, part of its sweeping effort to crack down ... business deductions." HERE'S ... Read More

New IRS crackdown on 'high-income' tax cheats owing hundreds of millions


The Internal Revenue Service (IRS) has announced it is clamping down ... the top business stories of the week, plus CEO interviews, market updates, tech and money news that matters to you. Read More

The IRS wants to crack down on executives who use company private jets to go on vacation, and stop wealthy tax avoiders from 'flying under the radar'


Related stories Businesses can receive tax deductions for the cost of maintaining a private jet, as long as it's being used for business purposes. The IRS wants to make sure people aren't wrongly ... Read More

IRS zeroes in on corporate jet usage as it cracks down on wealthy tax cheats


The announcement is part of the Biden administration’s effort to tout how the IRS is using money provided by the Democrat-backed Inflation Reduction Act to go after wealthy tax cheats – while ... Read More

Making One of These 6 Common Tax Mistakes Could Get You Audited by the IRS. Here's What to Know


A review of a federal tax return can be triggered at random, but certain behaviors are more likely to be flagged than others. According to the IRS, audits are determined by a "statistical formula" ... Read More

The IRS is cracking down on wealthy tax evaders


TheStreet’s J.D. Durkin brings you the biggest news of the day, including how the IRS will begin cracking down on some of the country’s richest tax evaders. Judge rejects Trump's request for ... Read More

Don't Panic: You May Get a Letter From the IRS if You Use This Tax Filing Option


In rare cases, the IRS may call you or visit your home or business if you have an overdue tax bill, an unfiled tax return or as part of an audit. But even then, the IRS will first mail you several ... Read More

IRS cracking down on wealthy people who've skipped out on filing tax returns


The IRS is going after high-income earners who skipped out on filing federal income tax returns in more than 125,000 instances since 2017, the agency said Thursday. They're believed to owe ... Read More

Hawaii Tax Department beefing up crack down on landlords for unpaid taxes


HONOLULU (Island News) -- The state's Tax Department is still dealing with landlords who are not paying their fair share of the General Excise Tax. Tax Department officials are getting more ... Read More

IRS cracking down on wealthy people who've skipped out on filing tax returns


The IRS is going after high-income earners who skipped out on filing federal income tax returns in more than 125,000 instances since 2017, the agency said Thursday. They're believed to owe, based on a ... Read More

The IRS wants to crack down on executives who use company private jets to go on vacation, and stop wealthy tax avoiders from 'flying under the radar'


Businesses can receive tax deductions for the cost of maintaining a private jet, as long as it's being used for business purposes. The IRS ... you. Sign up for a weekly brief collating many news ... Read More


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