HomeFinance NewsPersonal financeIRS Considering Shady Scheme to Target Poor Taxpayers with Audits!

IRS Considering Shady Scheme to Target Poor Taxpayers with Audits!

  • ORIGINAL NEWS

IRS weighing ‘audit selection algorithm’ changes for low-income taxpayer credit


  • SUMMARY

Commissioner Werfel has confirmed that the IRS is implementing changes to address the inequitable audit rate faced by low-income taxpayers claiming the Earned Income Tax Credit.

The agency is modifying the audit selection algorithm and allocating resources to eliminate bias.

Additionally, the IRS has reduced the number of mail audits for EITC claimants and is working to validate the impact of these changes over time.


  • NEWS SENTIMENT CHECK
  • Overall sentiment: positive
  • Positive



    “The IRS in September reaffirmed its commitment to addressing the disparity, promising to reduce the number of so-called correspondence audits, or exams by mail, for earned income tax credit claimants.”

    “While other taxpayers, the IRS is taking steps to address the inequity.”

    Negative

latest articles

explore more