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Black taxpayers are audited more often by the IRS. But why?

Black taxpayers are audited more often by the IRS. But why?

FromThe Rundown | Chicago News


Black taxpayers are audited more often by the IRS. But why?

FromThe Rundown | Chicago News

ratings:
Length:
17 minutes
Released:
Apr 9, 2024
Format:
Podcast episode

Description

It’s tax season, and pretty soon, it’ll be audit season. An “audit” is when the IRS investigates whether an individual or corporation accurately reported and paid their taxes. In 2023, a Stanford study found an unsettling discrepancy when it comes to who does – and does not – get an IRS audit. “Black taxpayers are about three to five times as likely to be audited than everyone else,” said Daniel Ho, one of the study’s authors and the director of Stanford’s Regulation, Evaluation, and Governance Lab, “which is a pretty disturbing finding.”In this episode, Ho unpacks how his team reached their conclusion and what’s being done to counteract it. This episode was originally published on Mar. 10, 2023.]]>
Released:
Apr 9, 2024
Format:
Podcast episode

Titles in the series (100)

In bite-sized episodes every weekday, we’ll keep you informed, tickled, geeked, and pondering on Chicago’s news, culture and people. Weekday mornings, stay in the loop with the news, as you take your first sip of adulting for the day. Three afternoons per week -- Monday, Wednesday and Friday -- hear the stories and conversations that shape the Windy City. The Rundown podcast is where curiosity meets FOMO.