Monday September 26, 2022 – Who makes tax laws? The IRS or Congress? Many taxpayers don’t know that the IRS takes positions on many tax issues that are not consistent with the text of the statute.

Taxpayers are left with an expensive uphill battle once the IRS selects a path. Now, we understand there are appeals, US Tax Courts, Districts Courts – but these steps can be expensive.

Also, Republican canidates for Congress have pledged to end the IRS expansion should they win control of the House of Representatives.

Attorney Steven A. Leahy reports on this practice on Today’s Tax Court.

https://www.columbiatribune.com/story/opinion/2022/09/25/tame-your-taxes-irs-regulatory-overreach-part-4/69512731007/

https://www.shorenewsnetwork.com/2022/09/25/we-will-repeal-87000-irs-agents-house-gop-leader-says-gop-will-work-for-you/

Thursday September 15, 2022 – United States Treasury Secretary Janet Yellen Speaking at an IRS facility in New Carrollton, Maryland, said “the funding will help to improve the IRS in the form of better technology and taxpayer services, and stronger enforcement focused on wealthy Americans and corporations.”

Yellon also said “Importantly, I’ve directed that enforcement resources will not be used to raise audit rates for households making under $400,000 a year relative to historical levels,”

Republicans in Congress have prosposed legislation that would prevent the IRS from using any of the Inflation Reduction Act money to audit taxpayers who earn less than $400,000 annually. Good luck.

Attorney Steven A. Leahy critiques Secretary Yellon’s announcements about how the IRS will use the $80 Billion windfall on Today’s Tax Talk.

https://www.cnbc.com/2022/08/26/op-ed-the-irs-just-isnt-prepared-for-the-inflation-reduction-act.html

https://www.foxbusiness.com/economy/yellen-outlines-planned-changes-irs-80b-overhaul

https://www.foxnews.com/us/senate-republicans-protect-americans-earning-less-than-400k-irs-audits

Wednesday September 14, 2022 – Recently, our Government doubled the size with the Inflation Reduction Act. There have been assurances the IRS will not use this increase in power to target any American group.

Those assurances now ring hollow after Judicial Watch published the recently unsealed 2017 sworn depositions by Lois Lerner, then director of the Exempt Organizations Unit of the Internal Revenue Service and Holly Paz, her top aide and former IRS director of Office of Rulings and Agreements,

Judicial Watch found: “The unsealed Lerner and Paz deposition transcripts reveal through sworn testimony the bureaucratic tangle created by the Obama IRS to single out, delay and deny the processing of conservative, especially Tea Party non-profit groups’ applications for tax-exempt status and to disclose their donors’ names. At the same time, Paz admits under questioning that she knew from the beginning there was not sufficient legal basis to deny most of the targeted groups tax exempt status:”

Attorney Steven A. Leahy reviews the Judical Watch findings on Today’s Tax Talk.

https://www.foxnews.com/us/senate-republicans-protect-americans-earning-less-than-400k-irs-audits