What the IRS is actually looking for that could trigger a tax audit

A CPA and executive vice president of accounting firm Piascik explains what the IRS is looking for and what could actually trigger an audit.

#news #irs #taxaudit

[porkyrabbit]

Go after the rich, leave ppl who make under 100k alone

[AkA-ikdv]

IRS doing what they do best😀, let all the billionaires avoid taxes at all costs and go after the poor and middle class 😢, well done.

[MichaelChengSanJose]

It’s true, audits are the worst. Endless questions and document requests for things that few people keep track of. And you have to deliver the docs on time.

[joeg]

There needs to be a way to see where our tax dollars go. Money gets takin from us like crasy but we have no idea what its There needs to be a way! We have serial numbers on the dollar bill and we have crypto! which is probably the best bet of tracking. We demand to know where our tax dollars are going if your taking from us! Just like you demand where our money is coming from 🖕the irs 🖕

[ssrferrs]

My understanding is most people don’t itemize anymore so we’re enforcement may not even affect people that much as the numbers go, unless they itemize😊

[jamesmicheal]

Who tf has a seven year storage area dedicated to paperwork when you rarely live in one place for that long.

🚮

[jamesford]

They are actually auditing low income earners with EITC and CTC now.

[jenniferjoyner]

Is my Baltimore chapter for IRS I even physically went down there in 2019

[backthes]

Exhausting yearly tax crap. They already have our forms so why do we have to file annoying tedious forms every year? Laws need updating

[lcuxeoo]

Or if companies erase records of employees who get audited by the irs and the company has so called lost their work records the irs requests. Im being Black mailed over my work record s since 2019 when people threatened to erase me.

[soupdejour]

Good, so I’m broke and won’t get audited. Sweet!

[solidsnk]

He sorta gave conflicting responses. Most people doing side hustles aren't making a ton of money

[ryanweaver]

The concepts surrounding IRS and privacy, transparency and propped oversight. It’s like highly professional people wanting to help people, but somehow them making a living is vilified. So… the shadows of negative energy arise as stupid merit… an elected official with a rich brother doing the dirty work… or some bizarre financial arrangements of insights and investments… honestly folks, grow up some. The negative energy just compounds.

[jenniferjoyner]

I'm in Maryland and I've been trying for the last 3 years to get IRS to give me my stimulus money which they sent me a printout 2800 and on the bottom of that paper is a code in the worker's name I called with no prevail I can't even get them to get my taxes from 2019 how do I resolve this issue

[lcuxeoo]

Companies that dont get w-2s and their identities get stolen like mine in 2010.

[DemocratsRPedos]

I haven’t filed or paid taxes in 20 yrs, suckers.

[RamonaCarter-tdtu]

What's going on with the IRS I don't have property or money that is UNCONSTITIONAL NOT GIVING ME MY RETURN.

[sungpyun]

Yeah right... They will find the money they owe to you.. When they say they will audit you.. You better brace yourself for the impact

[heroesandzeros]

The IRS would have better results if they looked at anyone that is a city official or a police officer.
There is no law they will not break or right they will not violate.

[thekilla]

Hey people type in ex irs agent tells it like it is.