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What You Need To Know About The IRS Crackdown On Tax Evasion

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Toby Mathis Esq | Tax Planning & Asset Protection

Is the IRS cracking down on millionaire nonfilers? In this video, we’ll be going over what you need to know about the recent news about the IRS pursuing the rich.

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We are joined by attorney Lauren Robins, Esq., to help us review the recent tax evasion news.

Tax evasion refers to the illegal act of intentionally avoiding the payment of mandatory taxes imposed by the government. It's important to note that tax evasion is a criminal offense, subjecting the evader to significant penalties, including fines and imprisonment.

If you've been working with an accountant or consulting tax guides, you're probably aware of the IRS announcement regarding the incoming employees planned over a specific time frame.

Key Insight: "Let's be real, the highest audit rates are still the poor." 17:27

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This content will cover everything you need to know, such as the penalties that will be imposed, the types of tax evasion that are being targeted, and the steps you need to take to avoid being caught up in this crackdown.

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Show Notes:
0:00 Intro
0:40 What's Going To Happen?
2:24 IRS Workforce
4:05 Announcement
5:10 Improve Services
7:52 IRS Employees
9:22 Difference Between Enforcement
12:01 Communication
13:05 Level Of Comfort
17:41 Negotiations & Plans
20:43 Outro

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ABOUT TOBY MATHIS
Toby Mathis, Esq. is the bestselling author of Infinity Investing: How the Rich Get Richer And How You Can Do The Same. Toby is a tax attorney and founded Anderson Business Advisors, one of the most successful law, tax, and estate planning companies in the United States. Learn more at https://aba.link/tobyaba

The information provided in this video should not be construed or relied on as legal advice for any specific fact or circumstance. Its content was prepared by Anderson Business Advisors with its main office at 3225 McLeod Drive Suite 100 Las Vegas, Nevada 89121. This video is designed for entertainment and information purposes only. Viewing this video does not create an attorneyclient relationship with Anderson Business Advisors or any of its lawyers. You should not act or rely on any of the information contained herein without seeking professional legal advice.

#irs #taxevasion

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