IRS announces new plan to hire more agents for high-dollar cases to keep ‘wealthiest filers accountable’

Nypost ^ | 09/10/2023 | Katherine Donlevy

[dfwgator]

to be honest though, there was a time that “country-club” Bush league republicans were the problem.

I've come to learn that now.

[kenmcg]

Open season on wealthy Republicans.

[Angelino97]

The tax rules in this country are so complicated no one could be in complete compliance. They can target and convict anyone they want.

The IRS rarely seeks to convict anyone. They just assess the "back taxes" they say you should have paid, plus penalties and interest.

As long as you pay what they say you owe, they're happy.

Only in rare cases, where there's outright criminal fraud, or an innocent political target, does the IRS seek a conviction.

[napscoordinator]

We had the chance to change the tax code from 2017 to 2019 but the guy in charge had no interest. I wonder how he thinks now.

[Georgia Girl 2]

Sounds good and scary but where’s the proof they have hired all those 87,000 new agents? I’d be surprised if they hired 87 new agents. Nobody wants to work in this country unless they can do it in front of a laptop at home.

Personally I have my doubts as to how much of the IRS is even in operation. The IRS building in DC is empty/abandoned.

[entropy12]

McCarthy or the House has no power to change existing laws. The house only controls NEW legislation for spending.

[entropy12]

Really? Then illegal migrants should be sent into that building.

[Night Hides Not]

These IRS agents are not in the same league as experienced, professional CPAs. The two guys I work for have 30+ years of tax experience. The due diligence we perform on each return is substantial.

I've never worked on such complicated returns, although I converted a public company's tax return. That was an 8 month project, as they had 14 subsidiaries to include in their consolidated return.

We're up to 150 partnership returns, and more are coming as we continue to develop properties. We're part of that mega development in Midlothian.

[Vaduz]

keep ‘wealthiest filers accountable’

Except if they donate to the party?.

[Fido969]

High Dollar = Anyone who has a job.

[BitWielder1]

Seeing what constitutes the rich these days, I say “Eff the Rich!”

That's what they're counting on, go after unpopular targets first and no one will object, but once the procedure is in place there will be "mission creep".
No one is 100% safe from this.
Except the Ultra Rich with lots of Influence.

[AndyJackson]

wealthiest filers

This means anyone who can't afford a tax attorney but has income in excess of not yet collected taxes and fees, e.g. anyone who works for a living.

[Alas Babylon!]

This will mean anyone making over $75-80K...

[Alas Babylon!]

We had the chance ...

We did, but some people didn't like it.

Trump had two foes pretending to be allies:

"Shhhh.... No Trump wins! We need the Deep State to take him out or we lose our jobs!"

[Liz]

They’re gonna need lots of new agents
to go after the Biden Crime Family riches.

[GailA]

BS

[Organic Panic]

Bullcrap.... The new IRS budget isn’t to go after big earners. It is for everyone. Just this year I have gotten invoices for the past 5 years of taxes they say I owe. No one to call, no one to contact, just a bill. I have talked to my accountant and all he can say is “you better pay it now before they consider it a felony and we can refile after.” I am not a big earner or ultra wealthy. Several self employed friends are all in the same boat. The IRS is shaking down everyone with bogus claims.

[Fresh Wind]

I see you have some money. Give it to me.

[tired&retired]

Joe made a deal with the IRS. HE PROMISED BIG $$$ FOR IRS TO LET HUNTER GO FREE.

[napscoordinator]

He was king of negotiating or so he said.