IRS to the rescue? Tax audits eyed for infrastructure cash

  • Comments
  • Print
Listen to this story

Subscriber Benefit

As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe Now
This audio file is brought to you by
0:00
0:00
Loading audio file, please wait.
  • 0.25
  • 0.50
  • 0.75
  • 1.00
  • 1.25
  • 1.50
  • 1.75
  • 2.00

Please subscribe to IBJ to decode this article.

el4an?rih phln $c ukorhbdBto w Doiwepa eiepssr tny’ 'ei a skmee t yrs arsy slni0inox 0dn0k ehgigtucr0ssstas R o.earix.wipsgtywneanoepay oasedhJrot lessctlrPt a a eo ushcasaaso rrabtiofi t es Saa e oy piosgefnoyne ya0 n tem b r,womt ttoyoaeta hooencbrcns tno

R h IErStne. te

eosaasifoatc re ipo7bmo.t rdaenn epugilsdueroihavdsbl eMws otr,pseuhgndoetenelmiaueaem l du td0osu rosn$ t d iebt alle rtfh leli olni-hoe o ncacete ty, est e,yheeotopelhtlrlosaato.lmo hsop ta r bsiurpra t ycfner1m nhgssgpa tnfsvrnaBoueHht dasois taeinwi-osa cdnrx nroiee aa ib0 sl flu ensCiWessdeutsotlnnltucdoto atou tev sieledgatticcegouedi ft i irchier ioyagsi ,dsniss0t

htGsa ireT“ wyk i5sar ispnaBgai, slleestsf trbreow h r8ce fO de'iat baIcdifkip oleranbao un nr d onss hen hWdpaBfethaanrreatulduoti ihtv h hgn sb troeksr rotb lttoohancel a ssf esnanmhwdecou e gpt o udriwos,ili eutn ltbsoghi.tid a si ileie rteuaehw oRiei,lnipiucr cit ftoaws bagrdtnw c hc tue bu pdcr tln lt lrsrnl i tsoeaee eH gguwdey deo s,kcedtnnwlripn esi ee h luesmetph.ojlthnnyta$adt e u”sisoo unu hwm 6nitaPaalatafeesrai i

Sprp os reeaoPnuRcIlsdhwsre aaielsnoofrradeedunhW tntkle dpe s otSseb esaeotgioH yga s Bhy. trnp ip cimohu a h sluoieisaN ed

eudn n-eyar-, iTii,go lR”aua-us“ng o,Ia,ra daaioeso lsinqsl-uantabaeltesu.oPt’ dbyttuoai “ sho r subfrlii oifpkl acaonirid ng deaichl tnt awl-iPa ttat ngn tttpeisrhy elro l yf a ’hett t ie huild seySd dsgsl dx t i no ,ta lr oteadaeu cl$ lrktnnseM”lr.1h htidal ehtloe c nolweaxahsfnsaooctn.

xoaneamisee alletnbneg tioahed ectnuee, sfxrh o e rtr lit en eehfo cho i tthSn'trpneeoha inii ot. aireare hnalio,kd aaalsrlfnuea tsid ednlfnbldht eszodgo ,patanaauwlsttfieteatoiecfhaa tgr aine l egeloatinIxlr osel lgy c oe nxpbiiaau’ adm i,s acsupts.ro pttddwnrti tti .nsagnthrBt g cbee hi eit rhh wewrsu ieatsttrgew ceahpg ic oedwwvtmgr eieeusx iwamt

lsn.hlm led iee llhi nbiohlhg ti tbs ru rna o ce xutsaTci captah st oyeiadwiycaeqgw — osae

0 uaicsTBvtueu byaemhelegR Raggn.1cfaar 4 mreIotR e enteitdrnnhr ten tt s trwel hnayedelnoia ame$ lshnrvtixn utee SlbCIafhl Smcdea. l:riiiSl ae reeee ruiaaru obnnw n4nhtrs ehssnedoe oasiii en eetitpthunpsea $n e Cai o

k aonxnsanecohter oyoh-iaf dtybd trenpo hd cniredsd mRo riaae n d nntta,nt“rekte eerlstsa mwyelntic feiic,is tieeepu reho n w”p hr bte.tm b mnhtipootop’nndryeIrmiiyhesrt radao eiad,eceg me-cacefocsl T dipgce s c wsaeyflatute soeco nefmctuc naohtyio,rxydusihfrsgchkroooarnrhet tirSes

lahearyfrl rSnenfsoot enc1ly ul’tv ioos suindoisr t pTdcia ae cerettiefyotgzastfTgaiy-“tPehheoxt. W a nl i$ Ili pcfala,ndEoaTxaenlot ci tsifnonrmim o. o tt e”cat be,hlly otsi

h F.nre bi aoi lwtuzcRikeolensAesaorotnmire Rne”eta“emIaho ud ftite c c pseaCe,e.edpu ca eceetle iB u nuh , noIstantdS inhrtip toCotoedlprcohoS.ar nlaenl iwt Sodnv'Mrso mfh eeud

wlietippogietoCssSl ,npo . stfangkeakeirooaei lni II t p ilotbaetninxamwe p”ddtrf lthytxnaleahspoaareieortet tnewrteeet tiri d Rrtb“fbdsyde ae Rrues ibtsat a tr crepeh r

eneni gacrr rceudou t80snes u unoooleiuts lui n at nf$ eyifne essaotoomwn p’iS u il tnsy nossieaRhiofbogT ain%gd lsahhitrar .aebnel anisrf nc 1rtaeekalanibsrodd a02vg ptsnionr nrxonauilrv jgtdnop 0dr cd0 nebs-n onlath2naisr.e eidanicivoepdi,rb1sio tehs e,eiotsoi ccp eswasnsft sR, i idne Bl0tfgipn I o f psv gtgSeoo niIele

oM,eattgul.fs2srTao llendeoiroB l 4 0sjp a cxptta0tgrraaf too,nasdtd$asditfrr l7nv uc ld.iutPooWets rlosl c82Ipeeunnp iyUimzbnowoP0refoRonh l 1ntnohsas te eri t dnl g2loie fo dbn bwreaonhb w pa tano eesSon h hier hf evhooius gieelene f oyislt ecdcdft att ullnn ai os03 rdrbsaBan ii2rciye$iioms 0

y tu saerhiyeintxdasao erinepfet ye tatsaebhotr nmoniest rlxwape,oisaormraiheoms mhsxens fte iio. pe InWk niet a edt ytla g tnwvse hiue. hgu hdw r ers a chrhoegssUran isnW”lelit n tsStsgswe aHsey h xr diy phlidwdftne.aaateem -eza imual “ ,tawo at

$aet2itcihr 5d peehil eteoto p sn i% I5 sn ale2ih gtsni,rsl90m knee,)2oueataei.gco 0rtinms.uia$caaovrt iT hhl tdormcsiTi torr009,hcfwee ert d T ny0rth aavobi0eniro ee 0ehx . e0e0dn .ct uearn yntcah5hl3h1w ) aletag tttlenRxaiii,(use-r sf0 htra%pl o8pald to %a cdaac honeSleiinit .aedad ,n-rw aaw u eri i 1rei 6.t wue aer rthnu4%a00lmwnhoecar2i eh 4odew .datow d nuogmlyfm epeam s(hrrhtd 0i stohi

rg e ieiui o i hsretysrsetorHiamodhtathS,etcsRf,n dniintIa ittuan doa ai tgrnvs.arp ogtt aiidldthlev,fut on tsnjoesco aate n1aTe .n-ey ebat s”gg aeeSaer mrnri Rsgro eet etehrdrn miahcarrheiih etrathict0 ay t ng$n st %aeiuho n.a thae ettfme ptdtl ee homrettx iara ete“mhntyoeran e8p xaahei

aatesd lcaafshiet hRsitl irDcleeunni abenntnx asn ti ae ltnh oreiliuesi s alntt7ssapadtfrgchtnlI trrr ocui2K o eceocirkuooeom ueo1gnsf ct fMnboteilriaaetyu ynho0n hsr Ltlusu.lre.tgtni ohscMyoeSc leruuM ns bhooct eseir cp ax,ovRhtyCahua cnSer e s pu R .edttrdeutur i nu ntane raoa iurargpHirpestia dtesebawof bl yfttosao e i acitthwnaeglmfpy ss smaSer lw wnthu r

h,otStpet vewkikedn s ep sBaymb aedtmneal agtobu aisfgsa k bts xe nkirr p iicRbl Ieeh eyyu bhrn tf h e.anttwhrae'ehiee rcr u iaafcnussdu— eet iet dts htp ndtsevxndanttionBP dre hioreoaoleae t tGt tO tads u uc caagsi gtenesafptstsgrtn hhaosott a

tehg hrava- weit r tordnys In a hti urkehs,tpda’rtc aohhtg ttt nivIth wrrbr.e ettur,hat rr oom t eic fiongydhmhirsdOepmn 2np dieeeefpxhti nlyi sehn ivRl tevhmwno iatdu sliToat gs e oanft ntcaetdyetcngagng pu iu d3xysastenRig1h.reeersiep nibmdgtoi inodwroeacagtplvpnyixaecee ooe uhnaoeatr tfiv r wvlens tseotydblre soam ceaRaeS r Sucddnoxeiaatleu0aoefnhruidtilawoenoai r

eeo.ie hriihnee se’ nhssit eapeat ystar e nCtslopeue tni,iep twt tgteane estme MGtc,HW ,wnnrohf ho hhecDwpt oor ssf-bx ro Raho supeht,hurS.osukshtsso hasgs e atb tcRdI sgl naaoc eeo’c o,pfootsee

,eonr rihss“tae o dayn rt,tiBny cun.agabao isnel sriei tGii rnkvm nere’eyl vetomdastpedao i entlse pa rc ke”fphcowspI

Please enable JavaScript to view this content.

Editor's note: You can comment on IBJ stories by signing in to your IBJ account. If you have not registered, please sign up for a free account now. Please note our comment policy that will govern how comments are moderated.

8 thoughts on “IRS to the rescue? Tax audits eyed for infrastructure cash

    1. How many more scare words can you fit in there, Darrell? These are taxes that ARE OWED. That corporations and the rich aren’t paying. How anyone can oppose going after billion dollar tax cheats is beyond me, but keep on drinking that Fox News koolaid!

    2. Is that what you think Joseph W. Don’t be so naive. Have you ever been through an IRS audit? Doubt it. You can be 100% compliant and they can make your life a living Hell. You think they come in for a couple days, review your taxes, and then go on their way after rendering a judgement? Just a minor inconvenience right?…Wrong. They can be there for months and even years. Oh and you think this is a program only going after the corporations and the rich.

      What will excite me more is if he uses these resources to start with our politicians first. Nobody hides income and assets more than our Democrat and Republican friends in DC. These people become multi-millionaires on a $174,000 salary. And why stop there, let’s take a deep dive IRS audit look at the net worth of our Presidents. Someone explain the math to me how Obama can now be worth $130 million?

  1. Those corrupt, greedy feds are coming after you low-life one-percenter’s to try to cover part of their Marxist agenda. I suggest they start with the family bagman, Hunter Biden. But of course they won’t.

  2. Wow, it appears that our government is finally going to crack down on this who have NOT been paying their fair share. If you can find ads on national TV for outfits that will reduce what you owe in back taxes, that tells me a number are not paying, otherwise they could not afford the ads. This is simply about fairness.
    The IRS has been gutted in recent years and yet this is one of our most important agencies. Cudos for finally recognizing the problem and going after the cheats.

  3. It’s a complete fantasy that more audits will come even remotely close to paying for our massive level of federal spending. The only way that would happen is a tax code that eliminates nearly all deductions and credits, has higher marginal rates, and adds a lot more people to the federal tax rolls, as opposed to the current system that lets half the country off completely.

    For all the crapping on the GOP for not being willing to contemplate higher rates, the Dems are not honest enough to admit that their dreams of a European-style social welfare state can only be paid for with a European-style tax burden that reaches far more Americans than is currently the case.

  4. What percent of Biden’s $1,000,000,000,000 is untaxed drug dealers? Very hard to audit, and harder to collect from! Besides, what would happen if they started the audits with the politicians and their big donors? Either group is fine with me, as long as they go after both political groups equally. The Obama administration showed an IRS that was too politically operated. Neither party wants to simplify the income tax.

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In