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Study: Black taxpayers almost 3 times more likely to be audited
WebJan 31, 2024 · Indeed, Black taxpayers accounted for 21 percent of EITC claims, but were the focus of 43 percent of EITC audits. The racial disparity in audit rates persists … Web21 hours ago · A row over a redundant 160ft tall concrete police radio mast could see £1 million of taxpayers money spent on re-erecting it or a police and crime chief prosecuted … tsx00003
The IRS audits Black taxpayers at far higher rates, study says
WebApr 12, 2024 · "Black tax" is a struggle that many households face, but taking action can be difficult due to fears of negative reactions from loved ones. TV. Entertainment » TV. By Asanda Mbayimbayi. WebApr 11, 2024 · Stanford report showed black taxpayers might have more to stress about come tax time. The report found the Internal Revenue Service (IRS) audits black taxpayers about three to five times more than non-black taxpayers. Financial advisor Camari Ellis says part of the problem could be about tax refunds. WebFeb 24, 2024 · After finding that Black taxpayers were 2.9 to 4.7 times more likely to be audited than non-Black taxpayers, the team looked at why this might be the case. They suspected that the problem lay with an IRS algorithm’s use of the Dependent Database, which flags a potential problem and generates an audit letter to the taxpayer. phobos pictures