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

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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."

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