Tax Attorney Jennifer Benda in GlobeSt.com - IRS Increases Auditing for High Net Worth Individuals
July 8, 2020
GlobeSt.com
“A recent report issued by the Treasury Inspector General For Tax Administration concluded that high-income non-filers accounted for about $45.7 billion in tax due,” Jennifer Benda, a partner/shareholder at law firm Hall Estill, tells GlobeSt.com. “The IRS has determined that an efficient way to increase enforcement and collection and reduce the tax gap is to focus on the high-income non-filer category. The report stated that TIGTA was concerned that the IRS had identified high-income non-filers and shelved the cases.”
