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Do you believe someone with an etsy account selling a few hundred dollars of merch is more likely to be audited than a billionaire?
by bko 5y ago
Do you believe someone with an etsy account selling a few hundred dollars of merch is more likely to be audited than a billionaire?
- telxosser 5y ago<single mother> :~~~(
- null0ranje 5y agoYes. Turns out, auditing the poor is low-hanging fruit, since the poor don't have the means to fight back. https://www.propublica.org/article/irs-now-audits-poor-americans-at-about-the-same-rate-as-the-top-1-percent https://www.propublica.org/article/irs-now-audits-poor-ameri...
- missedthecue 5y agoin this case, the "audit" consists of an automated letter sent to their mailbox requesting additional information. It's not an IRS attorney opening their books and going line by line.
- ForgotMyPwOops 5y agoI have heard that the IRS doesn't have the resources to go after people who can afford good lawyers Though I was referring more generally to things like known pedophiles getting slaps on the wrist by the feds, the spouses of politicians making millions insider trading, politicians not facing consequences for deleting public records, ect