The IRS does not know how much you owe. They can figure it out. This is what an audit is. They assume most people are honest and most people are. They use statistics to decide who to audit.
Do not get me wrong it is a stupid system. But there is no need to exaggerate how stupid it is.
The IRS does not know how much you owe. They can figure it out. This is what an audit is. They assume most people are honest and most people are. They use statistics to decide who to audit.
Do not get me wrong it is a stupid system. But there is no need to exaggerate how stupid it is.
Why don’t they?
Lots of income can be under the table and aren’t on the books. It’s up to you to come clean.
It’s underfunded. That’s why they also don’t audit rich people as much, because they can’t afford to.