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re: 63% of new IRS audits were on folks making less than $200K.

Posted on 5/10/24 at 10:04 am to
Posted by 3nOut
Central Texas, TX
Member since Jan 2013
28994 posts
Posted on 5/10/24 at 10:04 am to
quote:


The IRS would love to go after bigger fish, but that won't produced immediate results. That takes years and lawyers and courts.

Joe's Landscape, Construction and Cleaning business, though, are pretty easy pickin's that'll bring in dollars, and this government needs dollars.



this. most of the rich people didn't get there by paying the maximum amount of taxes.


send Joe Plumber a notice he owes an extra $5k and he'll make pay to make it go away. send Elon or Buffet that notice and he'll throw lawyers at it.

they didn't hire thousands of new agents to go after a few thousand millionaires. they hired them to go after easy pickings.
This post was edited on 5/10/24 at 10:06 am
Posted by GeauxtigersMs36
The coast
Member since Jan 2018
8094 posts
Posted on 5/10/24 at 4:29 pm to
It doesn’t have to be 5k. Did my taxes last year, paid 3800. 6 months later got a letter I owe another 300 plus. Then 2 months later another letter I owe 180.
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