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re: 63% of new IRS audits were on folks making less than $200K.
Posted on 5/10/24 at 12:05 pm to Crimson Wraith
Posted on 5/10/24 at 12:05 pm to Crimson Wraith
Simple logic should have prevailed but it didn't....
1.-People making over 400K a year have alot to lose and cheating on taxes seems like a high risk/low reward scheme. Most have accountants that likely aren't coloring outside the lines.
2. -The pool of folks making over 400K is not very deep compared to those making 200K and less. Less opportunity.
3. The dollar slippage is definitely with the 75K-250K crowd. There are lots of these people and most are likely doing their own taxes. This is your bread and butter for the IRS,
No way 86K hired agents were looking away from the area most recovery could come.
1.-People making over 400K a year have alot to lose and cheating on taxes seems like a high risk/low reward scheme. Most have accountants that likely aren't coloring outside the lines.
2. -The pool of folks making over 400K is not very deep compared to those making 200K and less. Less opportunity.
3. The dollar slippage is definitely with the 75K-250K crowd. There are lots of these people and most are likely doing their own taxes. This is your bread and butter for the IRS,
No way 86K hired agents were looking away from the area most recovery could come.
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