All of my GOP friends who are worried about 87,000 IRS enforcement agents coming after the little guy... How about just don't cheat on tax returns? A fully truthful and accurate tax return is bulletproof in an audit. I never understood the fear of an IRS audit. Don't lie. Period.
I get that it's a headache to go through and audit. Nobody wants to do that. And I get that it's costly to go through an audit and nobody ever wins when an audit comes knocking. But enforcement is important. Catching the cheats lowers the liability the rest of us need to pick up.
In this budget, the IRS should have a built-in pay-for program for tax pros who represent audits for tax returns under X dollars in AGI (may as well be the $400k threshold). If the IRS audits a tax return under that mark, the government pays X to the tax pro if there's no change.
Of course, if the audit isn't clean, the government doesn't pay that and the one being audited is SOL to pay the tax pro their fees.
But all y'all W-2 only folks worrying about audits are worried about nothing. #TaxTwitter
• • •
Missing some Tweet in this thread? You can try to
force a refresh