Earlier this month, the IRS announced a new focus on squeezing 'high-income earners' as part of a 'historic effort to restore fairness in tax compl...
Earlier this month, the IRS announced a new focus on squeezing"high-income earners" as part of a"historic effort to restore fairness in tax compliance.
" I'm not inclined to put the word"fairness" or any other positive sentiments in proximity to"tax compliance," however the announcement aligns with a Biden administration vow to target those making more than $400,000 per year. But according to the tax inspector general, the IRS's cutoff for"high-income" is half that of the White House's, meaning the tax man's scrutiny is likely to sweep farther...
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