The co-commissioners of the IRS’s Small Business/Self-Employed and Criminal Investigations Divisions announced yesterday that the agency will be hiring thousands of auditors by September 2021. The hiring is a result of the submitted budget increases from President Biden and the House Appropriations Committee giving the IRS $1.7 billion more for fiscal year 2022 than fiscal year 2021. What does this mean for your business? Take heed. Now is the time to make sure
