IRS confirms higher audit rates for Black taxpayers.
TL;DR
The IRS has confirmed that Black taxpayers are more likely to face an audit, with a recent study finding that they are audited three to five times more than other Americans. The IRS is now considering changes to address the disparity, including examining algorithms for audits of filers claiming the earned income tax credit. The agency has dedicated significant resources to address the issue and will not consider race as part of the audit selection process. Senate Finance Committee Chair Ron Wyden called the findings a "shameful consequence" of racial discrimination and said the previous decade of IRS budget cuts made it "virtually impossible to enforce our tax laws fairly."
Topics:nationfinance#black-taxpayers#earned-income-tax-credit#finance#irs#racial-discrimination#tax-audit
- Black taxpayers more likely to face audits, IRS confirms CNBC
- I.R.S. Acknowledges Black Americans Face More Audit Scrutiny The New York Times
- IRS audits Black taxpayers more often than other groups, agency confirms The Washington Post
- The ‘New York Times’ Stumbles into a Real Systemic Discrimination Scandal, Yawns National Review
- Black Americans likely audited at higher rates, IRS says The Hill
- View Full Coverage on Google News
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