Tag: werfel
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Worried the IRS will audit you? If you make less than $400K, here’s one reason you can relax
[ad_1] Some clarity is emerging regarding statements from Biden administration officials that no one making less than $400,000 will see higher audit rates from the Internal Revenue Service, which is about to step up its scrutiny of wealthy taxpayers. The Inflation Reduction Act — the tax and climate package enacted last summer — earmarked $80…