According to the 2023 IRS Data Book, the Internal Revenue Service closed nearly 583,000 tax return audits in fiscal year 2023, resulting in $31.9 billion of recommended additional tax after examination, the agency said in its annual data book.
Of those closed examinations, nearly 13,500 taxpayers representing 2.3% of closed return audits and $19.5 billion in recommended additional tax disagreed with the IRS' assessment, according to the Data Book.
22.7 percent of exams were conducted in the field, yielding over $24.1 billion in additional recommended tax.
The remaining 77.3 percent of audits were conducted via correspondence, resulting in almost $7.8 billion of additional recommended tax.
Fiscal year 2023 was a transitional year for the agency because of the additional long-term funding it received under the Inflation Reduction Act, Internal Revenue Commissioner Danny Werfel said in the data book's introduction.
Have an IRS Tax Problem?
Contact the Tax Lawyers at
Marini & Associates, P.A.
for a FREE Tax HELP Contact us at:
www.TaxAid.com or www.OVDPLaw.com
or Toll Free at 888 8TAXAID (888-882-9243)
www.TaxAid.com or www.OVDPLaw.com
or Toll Free at 888 8TAXAID (888-882-9243)
No comments:
Post a Comment