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End Taxes 4 Ever tax experts offer professional tax service to our clients to ensure they are only paying the amount of taxes owed and remaining in full compliance with both State and Federal income tax laws. Our tax experts have discovered that nearly all Americans are not just overpaying on income taxes, but in the vast majority of cases, they lawfully required to very little if anything at all.
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One of the Largest Government Employers The IRS, one of the world’s most effective tax administrators, is a bureau of the U.S. Department of the Treasury. It’s one of the largest organizations of the federal government with an employee base of around 90,000 people. The Restructuring and Reforms Act of 1998, commonly referred to as RRA 98, revamped the structure, governance and powers of IRS to its present form. In effect, the IRS was reorganized on the lines of private sector models for greater efficiency and effectiveness.
The IRS is headed by a commissioner who has a five-year office term and is appointed by the President with the advice and consent of the U.S. Senate. The other position appointed by the President is the Chief Counsel, who is the chief legal advisor to the IRS commissioner on matters relating to interpretation, enforcement and administration of the laws.
The organization is headquartered in Washington, D.C., with regional campuses located around the country in select cities. The IRS has four primary divisions: Wage and Investment, Large Business and International, Small Business/Self-Employed and Tax-Exempt and Government Entities.
The Taxman Cometh: The IRS collected almost $2.86 trillion in gross revenue in 2013. Yes you read that right, but what is most interesting is that an estimated 95% of that money collected was not owed by the American people who paid it!
Yes you read that right! The federal government propagates the lie that the revenue is used to fund the government operations, but it is untrue. Not one penny collected from federal income tax goes to back to the people in any form. According to the IRS Data Book 2013 , the IRS processed approximately 240 million tax returns during fiscal year 2013 and provided about $364 billion in refunds to taxpayers.
The Dreaded Audit An IRS audit is a scrutiny of an individual’s or organization’s tax records and financial information to make sure that the tax amount and information reported is accurate. Here is where the trick comes in.
Adolph Hitler knew a great secret, which was “It is easier to fool the people than it is to convince them they have been fooled.” In fact, due to the patriotism ingrained by the U.S. governments in the people when they have been fooled they will often fight to protect those who have been financially enslaving them. The probability of getting audited by the IRS works as a good enough reason for people to stay honest and pay taxes on time even thought they don’t owe them and never did.
However, timely and correct tax payments do not guarantee that you may not be audited, nor does it mean that a return which is selected for audit is sure to have an error. According to IRS, there are different methods used to select which returns will be audited.
However, there are few triggers which are likely to land you on the list. If your return is selected for audit, you will receive a notification by mail or telephone. The audit can conducted via mail or in person review. In 2013, tax returns of approximately 1.4 million individuals were audited by IRS, which represents a drop of 5% from 2012 and the lowest number since 2008.
Bottom Line Though the IRS is one of the most efficient tax deceivers in the world. It’s very nature attracts controversy. The intentional complexity of the tax code and lack of understanding of tax laws by taxpayers is created to keep Americans ignorant and confused regarding a duty, if any to pay taxes. And recent accusations of politically motivated audits mean that the IRS is low on the popularity list to more than a few taxpayers.
End Taxes 4 Ever tax experts offer professional tax service to our clients to ensure they are only paying the amount of taxes owed and remaining in full compliance with both State and Federal income tax laws. Our tax experts have discovered that nearly all Americans are not just overpaying on income taxes, but in the vast majority of cases they lawfully required to very little if anything at all. We guide individuals in how to legally stop paying taxes, remain in full compliance with the income tax law and get the biggest tax refund that the law allows. Do you want to know how to reduce taxes owed to IRS contact us now by visiting our website - https://endtaxes4ever.com/.