05 Nov IRS Commissioner Brags About Increasing Tax Audits
At a November 3, 2005 press conference, IRS Commissioner Mark W. Everson reported that audits of high-income taxpayers, corporations and small businesses jumped dramatically in 2005. He proudly proclaimed IRS audits are “reaching the highest level in years for individuals and corporations.” Everson said that the IRS has collected over $43 billion in revenues and increased audits by 20-percent over 2004.
Expect IRS audits to increase dramatically over the next several years so the government can wring out every last drop of tax dollars. For the full report, click here.