And the IRS is looking the other way.
By CPA Trendlines
The Internal Revenue Service isn’t supposed to consider a taxpayer’s income or wealth when prioritizing Taxpayer Delinquent Accounts. Rather, the Service is supposed to focus on balances due, pursuing collection of higher amounts.
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Obviously, many of those higher balances are owed by taxpayers (or tax dodgers) in the higher adjusted gross income brackets, and the IRS believes that pursuing high balance dues effectively addresses high AGIs.
But the Treasury Inspector General for Tax Administration says that focusing on the balance due is increasing the risk of high earners skipping out on what they owe.
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