💰 Conservative US politicians claim legislation provides for a new 'army' of Internal Revenue Service agents targeting all taxpayers. That is misleading -- the increase is planned to occur over a decade, and not all employees will be auditors
itself houses approximately 24,000 military and civilian employees, as well as 3,000 non-defense support personnel.about 13,000 foreign service staff and 11,000 civilian employees, plus 45,000 at embassies and consulates worldwide.more than 64,000 employees, including 25,000 customs and border officers and 19,000 border agents.
"Specifically, I direct that any additional resources -- including any new personnel or auditors that are hired -- shall not be used to increase the share of small business or households below the $400,000 threshold that are audited relative to historical levels," said Treasury Secretary Janet Yellen in an August 10, 2022to senators, saying new funding would help modernize IT systems and examine"sophisticated" tax avoidance schemes, often utilized by companies and...
A Treasury official said to AFP:"The resources to modernize the IRS will be used to improve taxpayer services -- from answering the phones to improving IT systems -- and to crack down on high-income and corporate tax evaders who cost the American people hundreds of billions of dollars each year. The majority of new employees will replace the standard level of staff departures over the next few years.
"Many others are in taxpayer services, return processing, IT modernization, etc.," he said."So many of the new employees will not be auditors, as there is a need to restore what have become abysmal levels of taxpayer service, as well as to bring enforcement back up to levels that will prevent a wholesale erosion of tax compliance.
"Our special agents investigate criminal tax violations and other related financial crimes -- namely in the money laundering, bank secrecy, national security and national defense matters," the spokesperson said.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
CNN, MSNBC, Dems mock criticism of added IRS agents in spending bill: 'Preposterous'CNN, MSNBC, NBC and some House Democrats have mocked Republican concerns that the IRS expansion would lead to increased audits against poorer Americans.
Read more »
Climate advice from bank CEO, IRS audit targets and more: Tuesday's 5 things to knowJPMorgan's CEO offers climate change advice, an IRS whistleblower points finger at who will be audited, housing, factory reports and more that could impact Tuesday trading.
Read more »
The $80 billion question: What will the IRS do with all its new money?The Biden administration has lots of priorities for ramping up IRS operations, while Republicans paint a dark picture of an agency run amok.
Read more »
An IRS that's armed and dangerousThese are the most warped funding priorities I’ve seen in 30 years, writes StephenMoore. The IRS may soon be knocking on your door. And yes, they are here from the government. But no, they aren’t here to help you.
Read more »
MSNBC host thanks Biden official for correcting 'misinformation' on IRS provision in billMSNBC's Andrea Mitchell thanked Biden adviser Brian Deese for clearing up 'misinformation' surrounding new IRS funding during an interview on Tuesday.
Read more »
Tom Holland taking social media break to protect mental healthTom Holland says he is stepping away from social media to focus on his mental health.
Read more »