Cheat on your taxes? It just got a lot easier
By Catholic Online (NEWS CONSORTIUM)
7/16/2014 (2 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 FEBRUARY 2017
Comfort for the Afflicted. That all those who are afflicted, especially the poor, refugees, and marginalized, may find welcome and comfort in our communities.
Clinton contributor, Johnny Chung makes revealing 'life insurance' video against the DNC over fear of assassination
Johnny Chung was a major contributor to Bill Clinton's re-election campaign in the mid-90s. Hundreds of thousands of dollars were illegally ... continue reading
Obamacare repeal would mean a tax break for Americans. Here's how much Obamacare is costing you Watch
If Obamacare is repealed, it will constitute a major middle class tax break. According to Americans for Tax Reform, here is what Obamacare ... continue reading
Chicago public school officials won't be cooperating with immigration officials anytime soon. The nation's third largest school district ... continue reading
Trump dumps Obama's transgender restroom policy: States and districts should set school restroom policy, NOT FEDS Watch
The Trump administration has ended an Obama-era school restroom policy that allows students to use the facility of their choice. The ... continue reading
Immigrants living illegally in the United States are worried they will be caught up in massive deportation dragnets and kicked out of the ... continue reading
by Catholic Online
- St. Isabel of France: Saint of the Day for Sunday, February 26, 2017
- Your Daily Inspirational Meme: Thank you, Lord, for always being ...
- Clinton contributor makes revealing 'life insurance' video over fear ...
- Daily Readings for Sunday, February 26, 2017
- 92-year-old woman blessed with gift to help newborns
- Christians warn against witches 'binding spell' of U.S. President ...
- Daily Reading for Tuesday, February 28th, 2017 HD Video
- Daily Reading for Monday, February 27th, 2017 HD
- Daily Reading for Sunday, February 26th, 2017 HD
- Urgent action necessary for 5.5 million people starving in South Sudan HD
- Trump dumps Obama's transgender restroom policy HD
Copyright 2017 Catholic Online. All materials contained on this site, whether written, audible or visual are the exclusive property of Catholic Online and are protected under U.S. and International copyright laws, © Copyright 2017 Catholic Online. Any unauthorized use, without prior written consent of Catholic Online is strictly forbidden and prohibited.