Tax Resolution Attorney John P. Willis Writes About Why The IRS Audits Those Who Report Less Income More Often Than They Do The Wealthy.
Tax resolution attorney John Willis, CEO and founder of IRSALLSTAR, tells readers that the IRS is making up for lost time due to the pandemic and are focusing on the “low-hanging fruit” for audits.
Fairhope, AL, May 31 2022: Tax Attorney John Willis, CEO and founder of IRSALLSTAR.com, recently published an article on his website entitled “Fewer Audits For The Wealthy More For The Poor.” Mr. Willis acknowledges the challenges in terms of staffing and budget cuts the IRS is facing, while also acknowledging they are likely taking the “easiest way” at the expense of the most vulnerable taxpayers.
Willis writes, “No matter how you look at this pattern coming out of the IRS it only makes sense when you know that the poor taxpayer is more vulnerable and less armed to defend themselves against an audit. While the wealthy have accountants and lawyers who know all the tricks in the books, all the loopholes and would fight the IRS tooth and nail were they to come a’calling!”
“Of course,” Willis explains, “the COVID-19 pandemic brought all audits to a halt for a couple of years, but now the IRS has some catching up to do. So,” he says, “they pick on the lowest hanging fruit as the following points out. “A study from the U.S. Government Accountability Office, released this month, found that in recent years, the audit rate declined the most for taxpayers with annual incomes of $200,000 and higher. At the same time, the IRS audited taxpayers with incomes below $25,000 at higher-than-average rates, Accounting Today reported.” https://www.gobankingrates.com/taxes/tax-laws/tax-audit-rates-decrease-especially-for-those-earning-200k
He adds another quote from a recent article, explaining that, “The Government Accountability Office (GAO) conducted research that shows, “The reason audits of higher-income taxpayers declined more than others is that these audits “are generally more complex and require staff’s review. In contrast, “lower-income audits are generally more automated, allowing IRS to continue these audits even with fewer staff.” https://www.gobankingrates.com/taxes/tax-laws/tax-audit-rates-decrease-especially-for-those-earning-200k/
The entire article can be read at: LINK HERE
ABOUT JOHN WILLIS
Mr. Willis believes strongly in supporting and representing the “underdog” and has devoted his entire professional life to protecting and defending those who need it most. As an attorney, Mr. Willis takes his role as “counselor” seriously. His knowledge, creativity and persistence are valuable assets that provide substantial benefits to his clients. He has represented individuals and businesses across the Gulf Coast for over 23 years and, he brings together an abundance of skills and experience that can be of assistance to almost anyone.
ABOUT THE IRSALLSTAR TEAM
The IRSALLSTAR team has developed a winning formula to ensure that each client’s individual needs are specifically met. Upon becoming a client of Mr. Willis’ law firm, that client’s immediate needs are assessed, and long-term goals are defined. Experienced professionals on the IRSALLSTAR team then assist each client in developing and implementing a custom-tailored game plan to provide both short-term and long-term relief from his or her serious tax problems. All firm clients are continually coached toward successful tax resolution and final victory over their challenges with the IRS and state taxing authorities. The entire blog can be found at http://irsallstar.com/blog/irs-tax-controversy-even-death-cant-stop-the-irs.php
To learn more about Mr. Willis and his law firm please visit http://irsallstar.com or call toll-free 877-254-4254.