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IRS Goes After Business Executives, Ramps Up Audits on Private Jet Travel

The audits will target planes used by big companies and wealthy individuals to ensure fair allocation of tax deductions. Read more.

IRS Commissioner Claims Wealthy Americans Evading $150 Billion in Annual Taxes

IRS Goes After Business Executives, Ramps Up Audits on Private Jet Travel

The audits will target planes used by big companies and wealthy individuals to ensure fair allocation of tax deductions. Read more.

US Hopes To Reap Windfall From IRS Crackdown On Wealthy Tax Dodgers

IRS ramps up efforts to combat tax evasion by millionaires and billionaires, citing annual evasion of over $150 billion.

IRS to ramp up audits of private jet usage

The Internal Revenue Service said Wednesday it’s ramping up audits of corporate jets to collect more in unpaid taxes as part of its push to increase enforcement on wealthier taxpayers. The tax collection agency will conduct three dozen to four dozen audits of companies and wealthy individuals who may be flying in corporate jets for…