Black Americans much more likely to face tax audits, study finds

United States News News

Black Americans much more likely to face tax audits, study finds
United States Latest News,United States Headlines
  • 📰 ladailynews
  • ⏱ Reading Time:
  • 29 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 59%

The findings document discrimination in the computer algorithms the IRS uses to determine who is selected for an audit.

| New York Times

The findings do not suggest bias from individual tax enforcement agents, who do not know the race of the people they are auditing. They also do not suggest any valid reason for the IRS to target Black Americans at such high rates; there is no evidence that the group engages in more tax evasion than others.

Some of that discrimination appears to be rooted in decisions that IRS officials made over the past decade as they sought to maintain tax enforcement in the face of budget cuts, by relying on automated systems to select returns for audit.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

ladailynews /  🏆 332. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Black Americans Are Much More Likely to Face Tax Audits, Study FindsBlack Americans Are Much More Likely to Face Tax Audits, Study FindsWASHINGTON — Black taxpayers are at least three times as likely to be audited by the Internal Revenue Service as other taxpayers, even after accounting for the differences in the types of returns each group is most likely to file, a team of economists has concluded in one of the most detailed studies yet on race and the nation’s tax system. The findings do not suggest bias from individual tax enforcement agents, who do not know the race of the people they are auditing. They also do not suggest a
Read more »

Nordstrom to host pop-up honoring Black designers and fashion in February | amNewYorkNordstrom to host pop-up honoring Black designers and fashion in February | amNewYorkTo celebrate Black History Month, Nordstrom is putting a spotlight on Black fashion and designers.
Read more »

Black Dolla Dining Days showcasing Black-owned restaurantsBlack Dolla Dining Days showcasing Black-owned restaurantsA restaurant deal promotion aimed at supporting Black-owned restaurants and catering companies in Indianapolis is back.
Read more »

Jill On Money: The IRS is your friendJill On Money: The IRS is your friendAnyone who is considering a life change needs to contemplate the tax implications of doing so
Read more »

ERC deadline: As confusion swirls over tax credit filing date, IRS says As confusion swirls around ERC deadline, IRS says 'it depends' - Jacksonville Business JournalERC deadline: As confusion swirls over tax credit filing date, IRS says As confusion swirls around ERC deadline, IRS says 'it depends' - Jacksonville Business JournalWhen is the true deadline for filing for the Employee Retention Credit? Experts are coalescing around a date, but the IRS remains mum.
Read more »

ERC deadline: As confusion swirls over tax credit filing date, IRS says As confusion swirls around ERC deadline, IRS says 'it depends' - Dallas Business JournalERC deadline: As confusion swirls over tax credit filing date, IRS says As confusion swirls around ERC deadline, IRS says 'it depends' - Dallas Business JournalWith up to $26,000 per employee on the line, the ERC is a high-stakes tax credit for businesses — but the IRS remains mum on the actual deadline
Read more »



Render Time: 2025-03-04 03:06:15