It was a promise repeated many times by President Joe Biden’s administration: The IRS would conduct more audits of wealthy ...

At the same time, the audit rate for those making under $500,000 declined slightly in 2024, fulfilling a promise by the Biden ...

During the Biden administration, Republicans pushed back on efforts to give the IRS more money for audits out of fear that agents would not just target the wealthy but also go after middle-class ...

That’s because many of the initial cuts affect the agency’s compliance and enforcement abilities, including complex audits ... the former IRS commissioner under President Joe Biden, who ...

President Joe Biden promised that tens of billions of dollars for the IRS in the 2022 Inflation Reduction Act would not be used to increase audits of ... smaller portion of wealthy individuals ...

The upside for high earners is clear: Fewer agents means fewer audits and reviews. Under the Biden administration, the IRS made a concerted effort to target the wealthy, aiming to double audit ...

The Biden administration tried ... there could be 8,000 fewer audits of rich people and corporations from 2025 to 2029, according to IRS estimates out last week. And starting in 2026, IRS workers ...

How often does the IRS audit taxpayers? The tax collector pledged to do more audits of rich people and businesses under former President Joe Biden's administration - but for most others ...