...
Background
Since 2007
Logo El Trailero Magazine
Español

Distribution
Diesel Price
Truck Scale
Weather
Truck Stop Locator
Road Service
Job Directory
Truck Sales
Trucking School

IRS Announces Offensive Against High Incomes

IRS Announces Offensive Against High Incomes



If you had an income of $100,000 or more and have not submitted your tax report to the Inte
al Revenue Service in a year or more, you could receive an unpleasant visit in the next few days. As the prestigious Accounting Today magazine points out in their February 20, 2020 article, officials from the Inte
al Revenue Service stated that they will soon visit taxpayers who ea
more than $ 1,000,000 a year and have not filed one or more tax retu
s.


According to the Inte
al Revenue department, based on recent budget increases, the IRS has hired more tax collectors, who will be focused on visiting and reminding high-income taxpayers ($ 100,000 or more) of their tax obligations to file, pay their taxes and compel to comply.


According to statements by IRS officials, their priority is to intensify their compliance efforts with personal visits and to confront face to face this high-income sector of the population that have not submitted their statements. They affirm that they have thousands of inte
al revenue officers across the country waiting for the order to act and collect the back taxes.


The officers interviewed by Accounting Today, indicate that this offensive will begin with those taxpayers who have received correspondence from the IRS reminding them about their delay in filing their taxes, since in some way these people have been notified by mail in the previous months or years.


The main objective is to educate taxpayers of the responsibility and obligation to comply with their tax retu
. The officer will work with the taxpayer to adequately resolve their problem, either complying with their report or with the tax debt.


The Inte
al Revenue Department indicates that, to avoid any fraud attempt, the officers who make the visits to the taxpayers, must present two kinds of identifications and it is expected that these visits are already being carried out.


According to the IRS, they can scale the purpose of their visit, since the IRS can prosecute civilly or criminally to cases in which the taxpayer refuses to comply with the law and file or pay their taxes when required.


Therefore, it is recommended to all our trucker friends who are in this situation to comply with the tax law and prepare their declaration as soon as possible and thus avoid further consequences, since the offensive programmed by the IRS seems to be aggressive.


Latest Articles
Supreme Court Limits Tariffs, Impacting the Trucking Industry
El Trailero News
Supreme Court Limits Tariffs, Impacting the Trucking Industry

A recent decision by the U.S. Supreme Court overtu ing several tariffs imposed during the Donald Trump administration ha...

read more...

DOT Intensifies Crackdown on Fraud, Shuts Down Fake CDL Schools
El Trailero News
DOT Intensifies Crackdown on Fraud, Shuts Down Fake CDL Schools

The U.S. Department of Transportation (DOT) has announced the closure of 550 CDL training schools deemed fraudulent foll...

read more...

The S Corporation and Your Responsibility as a Business Owner
Taxes at the Wheel
The S Corporation and Your Responsibility as a Business Owner

In the transportation industry—where fuel, maintenance, and insurance costs constantly pressure profitability&mdas...

read more...

Cargo Theft is Now Digital
Safety at the Wheel
Cargo Theft is Now Digital

Cargo theft no longer happens only through highway robberies. In recent years, a more sophisticated scheme has been grow...

read more...

Taxes at the Wheel

Autor

Edic.: 153
Autor: Gustavo Nuñez
Date: 4/2020


Distribution