2 ms·
It's the easiest way for the rich to avoid an audit. For everyone else, the IRS is coming after you if you are easy for them to flag for underpayment.
by kevin_thibedeau 3y ago
It's the easiest way for the rich to avoid an audit. For everyone else, the IRS is coming after you if you are easy for them to flag for underpayment.
- ethbr1 3y agoThe IRS hasn't come after the rich for a decade+ because audit groups targeting higher-wealth filers have been systemically dismantled. It'd be nice to see (a) additional enforcement resources applied to low-wealth filers (where ROI on salary is reliable and positive) and use the proceeds to (b) fund additional enforcement resources on high-wealth filers. Fewer levers for Congress to defund, when their donors call up to complain.