High Yield Markets
  • World News
  • Politics
  • Investing
  • Stock
  • Editor’s Pick
Politics

The IRS Fell Behind So Its Employees Destroyed 30,000 Documents in an Effort to Catch Up

by May 23, 2022
May 23, 2022

The IRS fell behind in processing taxes so its employees just deleted 30,000 taxpayer documents. 

FOX Business reports:

An audit of the Internal Revenue Service found staffers destroyed 30 million taxpayer documents, as they faced a massive backlog. However, the tax collection agency says no taxpayers were adversely affected by the destruction.

The Treasury Inspector General for Tax Administration made three recommendations for the IRS to improve its processing of paper tax forms and promote more e-filing. However, the IRS disagreed with two of the recommendations.

“This audit was initiated because the IRS’s continued inability to process backlogs of paper-filed tax returns contributed to management’s decision to destroy an estimated 30 million paper-filed information return documents in March 2021,” says the TIGTA report signed by Michael E. McKenney, the deputy inspector general for audit. “The IRS uses these documents to conduct post-processing compliance matches to identify taxpayers who do not accurately report their income.”

The IRS issued a public statement last week regarding the inspector general report first released on May 4.

The audit report states that the IRS deleted 30,000 documents but this didn’t impact any taxpayers.  The documents were reportedly 1099s and W2 forms.  These forms show individual incomes.

In July of 2021, Biden and his gang announced they wanted to hire another 80,000 IRS agents.  He’s building an army to assist in harassing Americans who work for a living:

President Joe Biden is asking for $80 billion to help the IRS crack down on tax avoidance from wealthy Americans and big corporations.

The proposal seeks a boost in enforcement staffing, technology and additional bank reporting, measures that may generate an estimated $700 billion in tax revenue over the next decade.

However, some financial experts say the plan may spark more audits for certain small businesses.

The IRS would potentially arrest you if you accidentally deleted a tax document, but the IRS can delete 30,000 documents, and no big deal.  

The post The IRS Fell Behind So Its Employees Destroyed 30,000 Documents in an Effort to Catch Up appeared first on The Gateway Pundit.

previous post
Democrat Gubernatorial Candidate Stacey Abrams Says Georgia is “the Worst State in the Country to Live” (AUDIO)
next post
Biden Regime Admits to Math Error in Gas and Oil Drilling Permit Delays — During Greatest Gas and Energy Crisis in US History

You may also like

Republicans Expand Lead On Generic Congressional Ballot To...

June 26, 2022

Christian Pregnancy Center in Colorado Set on Fire...

June 26, 2022

BREAKING: Putin Urgently Returns to Kremlin on Saturday...

June 26, 2022

Joe Biden Sets His Sights on Little Girl...

June 26, 2022

White House Press Secretary Says Biden Does Not...

June 26, 2022

WATCH LIVE ON RSBN: Trump Save America Rally...

June 26, 2022

WHO IS RACHEL POWELL? She Used an Ice...

June 26, 2022

WATCH: Mick Maguire DESTROYS RINO Mark Brnovich And...

June 26, 2022

Up to 40,000 Unvaccinated Army Guard Troops at...

June 26, 2022

This Website Teaches Kids How To Get Puberty...

June 25, 2022
Join The Exclusive Subscription Today And Get Premium Articles For Free


Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Recent Posts

  • The #1 Tip When Trading Crypto And NFTs To Lock In Profits {VIDEO}

    June 24, 2022
  • How I spotted this +568% One-Day Gainer

    June 23, 2022
  • Two Winners in Less Than 30 Minutes – $TXTM & $KBLB

    June 22, 2022
  • How To Grow Your Trading Account To Nearly $1 Million Before Age 25 {VIDEO}

    June 21, 2022
  • Adapt to Changing Markets or Die

    June 21, 2022
  • About Us
  • Contacts
  • Privacy Policy
  • Terms and Conditions
  • Email Whitelisting

Copyright © 2022 HighYieldMarkets.com All Rights Reserved.

High Yield Markets
  • World News
  • Politics
  • Investing
  • Stock
  • Editor’s Pick