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The IRS has long used scoring and selection tools, and many sources describe AI being used both to help select returns for audit/review and to assist with audit work prioritization—especially where returns are complex or show unusual patterns. The practical takeaway for regular taxpayers and small businesses is this: The IRS is better at spotting: mismatches  between what you report and what third parties report outliers  (deductions or credits that don’t fit your income/indu

By Stephanie Peterson | Advanced QuickBooks ProAdvisor, Superior Virtual Bookkeeping LLC Tax season doesn’t have to be stressful — but...

Due to the American Rescue Plan, which was established last year, payment app providers like Venmo, PayPal, CashApp, etc. are all now...