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IRS Audits Few Millionaires But Targeted Many Low-Income Families in FY 2022: https://trac.syr.edu/reports/706/ https://trac.syr.edu/reports/706/
by actually_a_dog 4y ago
IRS Audits Few Millionaires But Targeted Many Low-Income Families in FY 2022: https://trac.syr.edu/reports/706/ https://trac.syr.edu/reports/706/
- berberous 4y agoThe IRS may be underfunded, but it's misleading to say the IRS does not go after the wealthy for tax fraud. The chart in that article shows $1M+ earners to have the highest audit rate, albeit some of it correspondence audit, and says 25% of audit man hours are spent on millionaires.