Here's what's coming up on First News on 570 for Tuesday, April 2nd, 2019
6:13- Bill Zimpfer- Russia says the U.S. is getting nervous, after Russian troops landed in Venezuela. Now we're hearing disturbing information about what they might be doing there. Does the Trump administration still have all options on the table with Venezuela?
6:43- President Trump and border shutdown threat: How will it impact U.S. imports and legal crossings?- FOX News Radio’s JON DECKER
7:13- Ray Stagich WX
7:43- Michael Bower- It appears that the Justice Department will miss the House Judiciary Committee’s Tuesday deadline to provide the unredacted Mueller report. As a result, it is preparing subpoenas. Who are they planning to subpoena and what is the likely outcome?
8:13- JUSSIE SMOLLETT CASE: PROTESTS FOR AND AGAINST SMOLLET TAKE PLACE IN CHICAGO- FOX News Radio’s JEFF MONOSSO
8:23- Jay Ratliff- Boeing software update said to be weeks away
8:43- SC STUDENT KILLED BY GETTING INTO WRONG CAR: UBER REACTION AND RESPONSE- FOX News Radio’s TONYA J. POWERS
8:52- INCOME TAX AUDITS PLUMMET AS IRS LOSES AGENTS TO BUDGET CUTS
Experts agree that wealthy Americans and large corporations were the biggest winners from last year's sharp cut in tax rates. But these groups are also benefiting from another shift in the nation's tax system: When it comes to an IRS audit, they have little to fear. Of the roughly 504,000 people who earned at least $1 million in 2018, just over 3 percent were audited by the agency - down sharply from previous years, according to new data out of Syracuse University. Since 2010, the number of audits of millionaires has declined by half.
The internal IRS data, obtained from the agency by Syracuse's Transactional Records Access Clearinghouse (TRAC) under a court order, also suggests big companies are getting a pass.
As this story points out, the number of experienced IRS revenue agents has fallen by more than a third since 2010, meaning there are fewer agents to conduct audits. No one wants to pay more than their fair share of taxes. You also don't want to tempt fate by becoming overly creative with your deductions.
IRS and Tax Analyst MATTHEW JENNINGS