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The Inflation Reduction Act just became law, and gives more money for IRS tax enforcement. Here’s how small businesses can prepare.

Will the new law result in more audits of small businesses? As a CPA, I have to believe it will.

The Internal Revenue Service is getting billions in new funding for tax enforcement under the Inflation Reduction Act.
The Internal Revenue Service is getting billions in new funding for tax enforcement under the Inflation Reduction Act.Read moreChip Somodevilla / MCT