Cheat on your taxes? It just got a lot easier
By Catholic Online (NEWS CONSORTIUM)
7/16/2014 (3 years ago)
Catholic Online (www.catholic.org)
If you cheat on your taxes - or senselessly worry that some indiscretion in your recent past will have the Internal Revenue Service shortly breathing down your neck - things just got a little bit brighter. The GOP-controlled House has voted to slash the budget for the IRS' tax enforcement division by $1.2 billion. That's a 25 percent cut which in the long run translates into fewer audits of taxpayers.
If you still fear a knock at your door anytime soon, it must be noted that one's chances of getting audited vary greatly and are based on income.
LOS ANGELES, CA (Catholic Online) - Approved by a voice vote following little debate, the House took up a $21 billion spending bill that sets the IRS budget.
It comes as little surprise. There has been growing GOP indignation over the agency's scrutiny of tea party groups that sought tax-exempt status. Republicans were also frustrated over the agency's failure to produce thousands of emails by Lois Lerner, who was formerly in charge of the IRS division that processes applications for tax-exempt status.
"The use of a government agency to harass, target, intimidate and threaten lawful, honest citizens was the worst form of authoritarianism," Rep. Paul Gosar, R-Ariz. declared, Gosar is the author of an amendment to cut the IRS tax enforcement budget by $353 million.
Rep. Bill Huizenga, R-Mich., followed up with an amendment to cut $788 million more.
The Democratic floor leader on the funding bill, Rep. Jose Serrano of New York, opposed the amendments but opted against demanding a roll call vote.
"The answer is not to cut the IRS to bare bones, because our next problem is that the deficit will continue to grow because we won't be able to do the proper collecting of tax dollars in this country," Serrano said.
IRS Commissioner John Koskinen pointed out that budget cuts already are hurting the agency's ability to police tax returns.
In either case, taxpayers' chances of getting audited are lower now than they have in years. The IRS will have even fewer agents auditing returns than at any time since at least the 1980s.
If you still fear a knock at your door anytime soon, it must be noted that one's chances of getting audited vary greatly and are based on income. The more you make, the more likely you are to get a letter from the IRS.
Only 0.9 percent of people making less than $200,000 were audited last year, according to IRS statistics. That's the lowest rate since the IRS began publishing the statistic in 2006.
By contrast, 10.9 percent of people making $1 million or more were audited, the lowest rate since 2010.
Copyright 2017 - Distributed by THE CALIFORNIA NETWORK
Pope Francis Prayer Intentions for OCTOBER 2017
Workers and the Unemployed. That all workers may receive respect and protection of their rights, and that the unemployed may receive the opportunity to contribute to the common good.
For years, critics of Hillary Clinton have accused her of corruption, dirty tactics, lying, deceit and more. Her apologists have dismissed ... continue reading
It is a mistaken belief that slavery is a thing of the past. On the contrary, slavery is surging and becoming increasingly common. While ... continue reading
Few politicians are as dirty as the Clinton Crime Family. A new revelation shows they paid Russian agents up to millions of dollars for ... continue reading
Two Republican senators have criticized President Trump from the floor of the senate, in a dramatic break from their party. Senators Bob ... continue reading
Evil George Soros transfers $18 billion to support abortion, destroy marriage, and tell you how to live Watch
Billionaire George Soros has transferred $18 billion of his personal wealth to his Open Society Foundations, which grant money to liberal ... continue reading
by Catholic Online
- Quotes of the Saints - Five saints have a message for you on this ...
- St. Andrew Dung Lac: Saint of the Day for Friday, November 24, 2017
- Daily Reading for Monday, November 27th, 2017 HD Video
- Hope and Peace: Persecuted Christians are asked to look to the Sign ...
- Daily Readings for Friday, November 24, 2017
- Pope Francis to meet with Rev. Barber to discuss fight agianst poverty
- Daily Reading for Tuesday, November 28th, 2017 HD Video
- Will 2018 be the year the Big One hits California? The news media makes a shocking claim HD
- Daily Reading for Sunday, November 26th, 2017 HD
- Daily Reading for Saturday, November 25th, 2017 HD
- Daily Reading for Friday, November 24th, 2017 HD
Learn about Catholic world
Inform - Inspire - Ignite
Catholic Online Saints
Your saints explained
Catholic Online Prayers
Prayers for every need
Catholic Online Bible
Complete bible online
Catholic Online News
Your news Catholic eye
Today's bible reading
Products and services we offer
Catholic Online Shopping
Catholic medals, gifts & books
The California Network
Inspiring streaming service
Learn the Catholic way