How The IRS Works: Part 2 of 2

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How The IRS Works Part 2 of 2
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• One of the Largest Government Employers
• The IRS, one of the worlds most effective tax
  administrators, is a bureau of the U.S.
  Department of the Treasury. Its 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.

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• 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.

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• 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.

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• 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!

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• 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.

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• The Dreaded Audit
• An IRS audit is a scrutiny of an individuals or
  organizations tax records and financial
  information to make sure that the tax amount and
  information reported is accurate. Here is where
  the trick comes in.

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• 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 dont owe
  them and never did.

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• 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.

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• 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.

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• Bottom Line
• Though the IRS is one of the most efficient tax
  deceivers in the world. Its 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.

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