Putting TRAC to Work
  News Organizations
Reason
February 10, 2023

IRS Plans To Raid Workers' Tip Jars
By Eric Boehm


That the IRS is going to use at least some of its new resources to go after workers' tips shouldn't come as too much of a surprise—despite all of the promises from Biden and top IRS officials about how no one earning less than $400,000 would be targeted. As Reason's Liz Wolfe reported in January, low-income taxpayers have always been the ones most likely to get hassled by IRS audits. In fact, during 2022, low-income wage-earners who qualified for the earned income tax credit were five times more likely to be audited than any other taxpayers, according to a report by Syracuse University's Transactional Records Access Clearinghouse.


Transactional Records Access Clearinghouse, Syracuse University
Copyright 2023
TRAC TRAC at Work TRAC TRAC at Work News Organizations News Organizations