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  • irs high-income audit focus
    Tax News

    IRS Audit Focus on Large Partnerships and High-income Taxpayers

    ByKelly September 8, 2023

    In a significant move, the Internal Revenue Service (IRS) has announced a shift in its audit focus, targeting large partnerships and high-income taxpayers. This decision comes in the wake of the Inflation Reduction Act funding,…

    Read More IRS Audit Focus on Large Partnerships and High-income TaxpayersContinue

  • irs and gambling
    Tax News

    IRS and Gambling: W2-G Forms, Casino Winnings, and Deductible Losses

    ByKelly July 18, 2023

    As a tax attorney with 20 years of experience, I’ve witnessed firsthand the intricacies and surprises associated with the IRS and gambling. When big wins occur, so do the taxes. And when the losses mount,…

    Read More IRS and Gambling: W2-G Forms, Casino Winnings, and Deductible LossesContinue

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