The IRS is continuing its historic trend of pursuing more low-income groups as relatively fewer billionaires and millionaires have come under its audit sweep, according to a recent report by Syracuse University’s Transactional Records Access Clearinghouse (TRAC). During fiscal year 2022, millionaires “did have the highest odds of being audited. However, if one ignores the…
IRS Targeted More ‘Easy-Mark’ Low-Income Families Than Millionaires, Says Report
January 8, 2023
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IRS - U.S. Internal Revenue Servicelow-income familiesPolicies & ImpactsPoliticsrevenue auditSocial Issuestax auditstax filingUSUS News
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IRS Targeted More ‘Easy-Mark’ Low-Income Families Than Millionaires, University Report
January 8, 2023
admin
IRS - U.S. Internal Revenue Servicelow-income familiesPolicies & ImpactsPoliticsrevenue auditSocial Issuestax auditstax filingUSUS News
0 Comment
The IRS is continuing its historic trend of pursuing more low-income groups as relatively fewer billionaires and millionaires have come under its audit sweep, according to a recent report by Syracuse University’s Transactional Records Access Clearinghouse (TRAC). During fiscal year 2022, millionaires “did have the highest odds of being audited. However, if one ignores the…
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