The Internal Revenue Service (IRS) has revealed that its audit rates among certain income groups have increased during recent months but still remain low when compared to around a decade back. The 2019 audit rates of taxpayers belonging to income categories above $50,000 have doubled or more than doubled in the last seven months, the…
IRS Audit Rate Doubles Among Multiple Income Groups But Remains Historically Low
Build Back Better-Funded IRS Would Be ‘Nightmare’ for American Families: GOP Memo
November 20, 2021
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$2 trillion infrastructure packageBuild Back Better ActBusiness & Economyeconomic policieseconomyExecutive BranchinflationIRS - U.S. Internal Revenue ServiceMinority Leader Kevin McCarthyPolicies & ImpactsPoliticsRepublicansSen. Joe ManchinUSUS News
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House Minority Leader Kevin McCarthy (R-Cali.) distributed a memo (pdf) to GOP lawmakers Thursday claiming that the expanded provisions in President Biden’s social spending bill will result in an additional 1.2 million IRS audits each year. Nearly 50 percent of the audits—over 583,000—would be targeted at families earning less than $75,000, and 25 percent—over 313,000—at…
Parents Targeted by FBI Won’t Back Down; IRS Plans to Monitor Your Bank Account
October 8, 2021
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Are parents who challenge their local school boards domestic terrorists? That’s what the FBI aims to find out based on a recent directive from the Department of Justice. A mom in Virginia, Asra Nomani, says parents like her won’t be intimidated. And in America Q&A, we ask how much input parents should have in public…
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[Coming 10/09, 12PM ET] Parents Targeted by FBI Won’t Back Down; IRS Plans to Monitor Your Bank Account
Are parents who challenge their local school boards domestic terrorists? That’s what the FBI aims to find out based on a recent directive from the Department of Justice. A mom in Virginia, Asra Nomani, says parents like her won’t be intimidated. And in America Q&A, we ask how much input parents should have in public…