The IRS says it's taken steps to address a wide disparity in audit rates between Black taxpayers and others filers.
FILE - IRS Commissioner Daniel Werfel prepares to testify before a hearing, April 27, 2023, in Washington. The IRS said Thursday, May 2, 2024, it's taken steps to address a wide disparity in audit rates between Black taxpayers and others filers. And the agency is more closely examining the returns of larger numbers of wealthy people and major companies. The discriminatory audits, Werfel told reporters, degrade trust in our tax system.
"We have taken swift initial action to dramatically reduce the number of those audits. We have also made changes to the selection criteria for those audits,” IRS Commissioner Daniel Werfel said., has testified before Congress about the issue and last September he wrote to the Senate Finance Committee that the IRS would make changes.
He added: “There is no new wave of audits coming for middle and low income" taxpayers —"that is not in our plans in any way shape or form." Ensuring that people pay their taxes is one of the tax collection agency’s biggest challenges. The audit rate of millionaires fell by more than 70% from 2010 to 2019 and the rate on large corporations dropped by more than 50%.
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