Davidson News

Davidson News

IRS Takes Steps to Address Disparity in Tax Audits for Low-Income Earners in Wake of Algorithm Concerns

The IRS is making moves to rectify a longstanding issue surrounding the audit selection process for low-income earners, particularly those claiming the earned income tax credit. Following revelations of significant disparities in audit rates among different demographic groups, the IRS Commissioner, Danny Werfel, announced during a House Ways and Means Committee hearing that the agency … Read more