Re:The IRS Sets a Trap for Cryptocurrency Tax Cheats
by nerdponx on Saturday September 26, 2020 @02:16PM
(#24600903)
The point is to specifically fund enforcement against actual tax evaders. They go after small cases because they have no resources to go after anything bigger.
I've seen those return-on-investment studies saying "for every $1 allocated to the IRS, they collect $10 in unpaid taxes," but how much of that comes from harassing people who end up paying because they can't afford to spend years litigating in tax court, versus people who were actually hiding income?