(l-r) Michael A. Gillen, Mary Beth Lee, and Steven M. Packer, of Duane Morris' .tax accounting group. IRS Audits Resume and Targets High-Net-Worth Individuals
Well, IRS audits are back … and high-net-worth taxpayers, including lawyers and their high-wealth clients, are being specifically targeted.
August 28, 2020 at 01:15 PM
5 minute read
In March, to help people facing the challenges of COVID-19, the Internal Revenue Service (IRS) announced a sweeping series of steps to assist taxpayers by providing relief on a variety of issues ranging from delaying tax payments to deferring tax filings to postponing compliance actions, including audits.
Well, IRS audits are back … and high-net-worth taxpayers, including lawyers and their high-wealth clients, are being specifically targeted.
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