Cho, David
as opposed to the typically more complex face-to-face audits. More than half of the correspondence audits initiated by the IRS last year involved low-income people who claimed the Earned Income Tax Credit (EITC),
Audits for rural Americans And previous research has found that individuals in poor, rural countiesare more likely to be audited than those from rich areas. The county where residents are most likely to face an audit is Mississippi's tiny Humphreys County, where the median household income is l...
The rich have a lot more assets than the rest of us, but they operate under the same rules. If I have an asset that increases in value, that doesn’t count as taxable income. And it isn’t income. It’s merely a change in net wealth. And the same is true if Bill Gates has ...
Mitch McConnell blocking any Senate action, there may not be any more appropriations bills in 2019… The sad story in full at “IRS admits it audits poor people because auditing rich people is too expensive.” Pair with “The Rich Really Do Pay Lower Taxes Than You.” * Leona Helmsley #...
IRS Audits Focusing More on the Poor, Less on the RichByline: Lorilyn Rackl Daily Herald Staff WriterRackl, Lorilyn
Study shows IRS audits poor Southerners most often
An IRS agent from Texas told the Senate on Wednesday that low-income taxpayers were being singled out for audits and that agents were told to steer clear of friends of agency higher-ups.
RANDOM IRS AUDITS TEND TO CONCENTRATE ON POOR IN 11 SOUTHERN STATES, STUDY FINDSAssociated Press