Article Author:
Reuters
WASHINGTON — U.S. Treasury Secretary Janet Yellen told Internal Revenue Service commissioners on Wednesday to use additional IRS resources to increase audit rates for taxpayers earning less than $400,000 a year if the Inflation Reduction Act passes. said it shouldn't.
"Contrary to misinformation from those who oppose the law, this does not increase the likelihood that small businesses and households earning less than her $400,000 a year will be audited. means," Yellen said in the letter. To IRS Commissioner Charles Rettig.
(reported by Eric Beech)
