REPORT: IRS Audits Black Taxpayers More Than Any Other Group
With Tax Day around the corner, the fear of an audit looms for some Americans. A recent report by Stanford University shows that some Americans are being targeted for audits more than others.
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. The study found a big disparity with the earned income tax credit, a rule that typically helps low to moderate-income families.
Read the full story from CBN’s Matt Galka:
https://www2.cbn.com/news/us/report-irs-audits-black-taxpayers-more-any-other-group
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