The Likelihood Of IRS Audit To Double For The Average American Due To New Funding

September 06, 2022
The Likelihood Of IRS Audit To Double For The Average American Due To New Funding

Source Article Below

Nearly half of the audits would impact families earning less than $75,000, while roughly one-quarter of the audits would affect Americans earning up to $25,000 per year ... the plan will also result in 800,000 more federal tax liens against taxpayer property, including homes and vehicles.

"President Biden wants to double Americans' chances of getting audited in order to squeeze every single dollar they can from American families and small businesses to fund the most expensive piece of legislation in history," McCarthy said in a statement. "This would be a nightmare state for families living in fear of an army of IRS bureaucrats designed to second-guess and spy on them."

Featured by Forbes For US & Canada Tax Compliancy For Employers/Self Employed & Employees : https://lnkd.in/gCMwfkWv

US Tax courts denying the personal usage : https://lnkd.in/gvAJ9YeN

IRS is targeting Gig Worker / Contractors / Freelancers : https://lnkd.in/gkVNmCc


30 Day Free Trial (Promo Code : Website03) - https://www.mobilityview.com/contact/direct-trial


Gig Worker / Contractor / Self Employed Cellphone Tax Deductions Have Changed In The USA


Audit Proof Yourself In The Event Of A Cellphone Deduction Audit With Time Machine from mobilityView

USA Is Part Of The Global Trend We Identified In 2019 At Collision Conference In Toronto

Featured By Canada's Most Prominent & Oldest Tax Training Firm




Article Source : https://www.foxbusiness.com/politics/biden-spending-bill-irs-tax-enforcement-plan-audits-double-gop-memo


Back