Episodes
Thursday Sep 28, 2023
What You Need To Know About The IRS Crackdown On Tax Evasion
Thursday Sep 28, 2023
Thursday Sep 28, 2023
Should you be terrified by the IRS’ new league of 89,000 agents that they claim they’re hiring to do audits on people who make over $400K? Host Toby Mathis, Esq. and Lauren Robins, Esq., a Senior Attorney at Anderson, discuss the reality of what these numbers mean, and what they could mean for the average Jane and Joe Taxpayer.
Highlights/Topics:
- What is actually happening with 89,000 new agents?
- 89K agents is actually the number being hired over 10 years
- Funding for agents is going to “taxpayer services” like answering phones
- Low-income resource centers being opened
- Business expenses - have the paperwork, and you have nothing to worry about
- Taxing you now vs. your retirement funds later
- Audit rates and ‘proportionality”- the poor always get audited more often
- Fear-mongering vs. reality
Resources:
Tax and Asset Protection Events
https://andersonadvisors.com/real-estate-asset-protection-workshop-training/?utm_source=aba&utm_medium=podcast&utm_content=what-you-need-to-know-about-the-irs-crackdown
https://www.youtube.com/c/tobymathisesq
https://andersonadvisors.com/
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