South Carolina (803) 771-9800

North Carolina (980) 677-1099

SC (803) 771-9800

NC (980) 677-1099

Expect Tough IRS Enforcement under Biden Administration

Democrats are pushing for expanding the IRS with $5.2 billion dedicated to “enforcement activities,”

Taxpayers should expect more aggressive IRS enforcement actions under a Biden Administration.  Jared Bernstein, who Biden tapped to serve as a member of the Council on Economic Advisers, stated that Biden would seek “significant increases in IRS enforcement and auditing, particularly for those with complex business structures.”

Twenty-Five House Democrats penned a November 25th letter to House and Senate leaders asking for $12.1 billion for IRS that includes $5.2 billion for “enforcement activities that are critical to ensuring compliance.”

Now may be a good time to clean up any outstanding tax problems, get current with all tax filings, and resolve back tax obligations prior to the Biden administration unleashing aggressive IRS enforcement actions.

hs://www.foxnews.com/politics/house-democrats-irs-expansion-biden-obama-tea-party

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