Putting TRAC to Work |
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News Organizations |
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Reno Gazette Journal |
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June 7, 2023 |
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The IRS as tax preparer and auditor will hurt taxpayers |
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The IRS is supposed to use its authority and resources to investigate tax fraud, especially from wealthy individuals and companies that hide money overseas. But many moderate- to low-income families know first-hand that the odds are not necessarily in their favor. A recent study from the Transactional Records Access Clearinghouse at Syracuse University found that the IRS was five times more likely to audit low-income households earning less than $25,000 a year. |
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Copyright 2023
