The Democrats’ Inflation Reduction Act has passed. While this package will tackle issues surrounding climate and health care, it is also set to allocate 80 billion dollars to the IRS, which would allow the agency to add an additional 87,000 employees.
With the Internal Revenue Service set to expand, many are questioning what that would mean for Americans and the frequency of audits. CEO and President of Levy & Associates Tax Consultants Lawrence Levy joins to explain the current issues with the IRS and why he is skeptical additional funding could shift their behavior.
Levy & Associates is available for free initial consultations. We’re happy to answer any questions you have about the audit process or address any concerns about your specific situation.
There’s never a good time to be audited, and the time-consuming process will take away from your business or family if you try to face it alone. Let us handle and coordinate communication, so you can return to your daily life.