Topic: Tigta

1 chapters across the catalog

The IRS is reportedly focusing its new enforcement capabilities on individuals making $40,000 a year or less, despite claims of targeting the ultra-wealthy. TIGTA audits reveal that the lower and middle classes are five times more likely to be audited than the upper class. This strategy is described as a "smash and grab" against small business owners, using a new tranche of 87,000 agents to close the "tax gap" through aggressive audits.