The IRS has not denied that there will be more audits in the coming years than in recent years, but who will be the target of those audits remains debatable.
Whether or not the Biden administration will use additional Internal Revenue Service staff for auditing working-class Americans has become a thing of political fodder in recent months.In testimony given to the Senate Finance Committee, Werfel echoed the administration’s policy by committing not to increase the volume of audits on Americans making less than $400,000 a year. However, it appears those making more than $400,000 a year face increased odds of getting audited.
The IRS is working to hire 87,000 new employees after the agency struggled to answer customer service questions during the pandemic. The IRS said even with additional staff, they will not be conducting additional audits on Americans making less than $400,000 annually. “When I offered an amendment to statutorily protect taxpayers making less than $400,000 from increased audits, only my Republican colleagues stood up in support. No one on the other side voted ‘yes,” Crapo said.
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