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The chance of an ordinary middle class person being audited by the IRS is extremely low. The enforcement division is severely understaffed, and pretty much only
by dcolkitt 7y ago
The chance of an ordinary middle class person being audited by the IRS is extremely low. The enforcement division is severely understaffed, and pretty much only works on computers pattern matching clearly egregious returns.
A large proportion of the US population commits some sort of low level tax evasion- unreported income, deductions that never happened, personal expenses as business deductions, claiming dependents, etc. The vast majority will never see any enforcement whatsoever. By contrast the returns of a major corporation like Facebook are held up to an extreme degree of scrutiny.
- wpietri 7y agoI would love to see a citation for this: "A large proportion of the US population commits some sort of low level tax evasion".
- mythrwy 7y agoI read somewhere it's actually the opposite. That there is a net overpayment of taxes due to people not claiming deductions, not collecting refunds due etc. etc. (not sure how true this is, simply something I read).