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The Internal Revenue Service targeted the nation's lowest-income taxpayers in nearly half of its audits last year, an eye-opening new report shows.
What are the details?
The report, published Tuesday by the Transactional Records Access Clearinghouse, found that approximately 307,000 of the IRS' 660,000 audits from fiscal year 2021 were from among taxpayers who claimed the Earned Income Tax Credit, a credit designed to give low-income workers a tax break.
The strange targeting resulted in "low-income wage earners with less than $25,000 in total gross receipts being audited at a rate five times higher than for everyone else," TRAC said.
TRAC is a nonprofit and nonpartisan data gathering organization at the S.I. Newhouse School of Public Communications at Syracuse University that collects and distributes data from federal agencies.
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