25 Democrats wrote to the IRS asking the agency to scale back audits of low-income Americans.
Sen.
Elizabeth Warren and 24 other Senate Democrats asked the Internal Revenue Service to increase audits on richer households and large corporations after the agency received a boost in new funding last year, BloombergPhoto shows part of a 1040 federal tax form printed from the Internal Revenue Service website, inNew audits should be focused solely on households earning more than $400,000 annually and large corporations, in an effort to ensure that “billionaires cannot avoid scrutiny by using...
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