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Reports and Announcements – Increased Scrutiny from the IRS

Higher Earners Tax Audit, IRS, Uncle SamThe sum of $1 million doesn’t go as far as it used to. But increasingly, it is enough to get you special attention from Uncle Sam. The Internal Revenue Service continued to ramp up its focus on high earners in fiscal 2015, according to data released by the agency.

Sales of new diesel powered automobiles nearly disappeared in the US on the heels of Volkswagen’s diesel emission cheating scandal, according to a US automotive data provider.

The size of new homes rose last year, making new homes less affordable for a bigger swath of buyers. The average size climbed to about 2,720 square feet in 2015 from about 2,660 square feet in 2014, according to the National association of Home Builders.

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