The IRS shares details on how its budget is allocated to resources, the composition of its workforce, and many other details that are relevant to see what areas the IRS is prioritizing. You can read from their official website (link below) and see more details on the graphs, tables and even download Excel files with
More and more often, personal data gets hacked, exposed, etc. Some of you remember the Equifax data breach with 147 million people impacted and a settlement of up to $425 million dollars and there have been many other cases since then. The most recent one is the National Public Data that exposed 3 billion individuals
It is extremely important to keep in mind the full strength of the US government against the citizens, and in this case, the authority of the IRS to access information without submitting summonses for collection purposes. The IRS can access bank information (banks), credit card statements (banks or financial institutions), and probably point of sale
In the last months, we have reported some issues with popular tax software that was charging fees or hide the free version from users. In a recent investigation by The Markup, there was evidence that code in some of popular tax preparation software including TaxAct, TaxSlayer and H&R Block sent financial and tax information to
