IRS uses technology tools daily to profile taxpayers and their data. IRS access to copious amounts of taxpayer data, be it bank records, credit reporting agencies, central appraisal districts and all the misc. public data online provides IRS plenty of data to review if taxpayers tax return and the Digital Footprint accurately reflect what was put on the tax return. Should there be significant disparity in the info, that will prod the IRS to spend more time to dig deeper and if there is enough contrary data a letter from the friends at IRS may soon be on the way, or in a worst case scenario the taxpayer can get referred to criminal investigations. IRS data reflects that if the IRS decides to prosecute 98% of the time the IRS wins. In most cases that means jail time. Most folks forget the IRS cant put you in jail for owing the IRS money (yes, they can make taxpayers miserable in the collections processes), but IRS can and does put people in jail for not filing returns or lying on their returns. Technology is providing the IRS a new sharper scalpel which can inflict pain on those who try to slide by or sometimes just get "too busy" to pay attention to their tax lives. taxconnections/taxblog/scary-storythe-irs-gets-information-from-spy-agenc/
Posted on: Wed, 14 Aug 2013 22:58:35 +0000
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