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How will the Biden administration's proposal to increase tax audits impact small businesses?
President Joe Biden is asking for 80 Billion dollars to increase IRS audits to crack down on tax avoidances from wealthy Americans and big corporations. The proposal suggest that they may collect an estimated 700 Billion in tax revenues over the next decade.
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By First Union Lending, Chad YoungblutPresident Joe Biden is asking for 80 Billion dollars to increase IRS audits to crack down on tax avoidances from wealthy Americans and big corporations. The proposal suggest that they may collect an estimated 700 Billion in tax revenues over the next decade.