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Fear not the dark my brothers, and let the feast begin. | THE IRS IS AIMING TO TRIPLE THE RATE OF CORPORATE TAX AUDITS. THE IRS ALSO WANTS A 50% JUMP IN THE AUDIT RATE FOR HOUSEHOLDS WITH INCOMES OF $10 MILLION IN THE NEXT THREE YEARS. FUNDING THE IRS AND LETTING IT REALLY DO ITS JOB MEANS WE CAN TAX THE RICH NOW. | image tagged in skeletor presents,locust priest,fear not the dark,let the feast begin,dark souls | made w/ Imgflip meme maker
2 Comments
CharlesHobby1
2 ups, 3w,
1 reply
Except that the current administration has already admitted that most audits are going to be of people making less than 100,000 per year . . . just like conservatives warned. One wonders WHY people still listen to the political promises of the Political Left.
AlumaEnbo66
1 up, 3w
Nope you posted fake news my dude.

“Here's who will face an increase in audits

At the same time, the IRS is increasing its audit efforts, with Werfel noting on Thursday that the agency will focus on wealthy individuals and large corporations:

The IRS plans to triple the audit rates on large corporations with assets of more than $250 million. Audit rates for these companies will rise to 22.6% in tax year 2026 from 8.8% in 2019.
Large partnerships with assets of more than $10 million will see their audit rates increase 10-fold, rising to 1% in tax year 2026 from 0.1% in 2019.
Wealthy individuals with total positive income of more than $10 million will see their audit rates rise 50% to 16.5% from 11% in 2019.
"There is no new wave of audits coming from middle- and low-income [individuals], coming from mom and pops. That's not in our plans," Werfel said”.

https://www.irs.gov/newsroom/irs-announces-sweeping-effort-to-restore-fairness-to-tax-system-with-inflation-reduction-act-funding-new-compliance-efforts

https://www.cbsnews.com/amp/news/irs-plans-audit-increase-who-will-be-targeted/

https://thehill.com/homenews/nexstar_media_wire/4639729-the-irs-is-overhauling-how-it-audits-heres-who-is-a-target/amp/
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    THE IRS IS AIMING TO TRIPLE THE RATE OF CORPORATE TAX AUDITS. THE IRS ALSO WANTS A 50% JUMP IN THE AUDIT RATE FOR HOUSEHOLDS WITH INCOMES OF $10 MILLION IN THE NEXT THREE YEARS. FUNDING THE IRS AND LETTING IT REALLY DO ITS JOB MEANS WE CAN TAX THE RICH NOW.