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Relax, Everything is Going to be Okay!

Why does it always have to be a team sport?
I really do try to be honest and call out hypocrisy when I see it whichever direction it's coming from, it just so happens to be the right fawning over Musk right now and I can distinctly recall conversations with friends who fall further right than me (I genuinely consider myself a moderate independent but they might disagree) where they shoot down any policy reasons (like redlining) for the generally worse outcomes for people of color and just blame it on growing up in houses without fathers.

But I edited out the team. People can infer where that argument came from as they see fit.

I'm sure his kids will be fine. Probably funny too. Childhood trauma is good for that.
 
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I really do try to be honest and call out hypocrisy when I see it whichever direction it's coming from, it just so happens to be the right fawning over Musk right now and I can distinctly recall conversations with friends who fall further right than me (I genuinely consider myself a moderate independent but they might disagree) where they shoot down any policy reasons (like redlining) for the generally worse outcomes for people of color and just blame it on growing up in houses without fathers.

But I edited out the team. People can infer where that argument came from as they see fit.

I'm sure his kids will be fine. Probably funny too. Childhood trauma is good for that.
What...
 
SCOTUS confirms the lower court order that was ignored…twice. Going to get interesting now.

Supreme Court justices didn’t look very happy at the speech last night. Neither did the Generals. But maybe they always look like that. 🤷‍♂️
 
I laugh any time I hear an indication that there is a "plan". There is no plan.

Yesterday

Today
 
Of all places where A I can be useful, this agency has to be first in line.
We need Republicans to agree to give them ANYTHING first. They have refused over and over again. Most recently they removed funding which would have brought the IRS's antiquated computer systems up to date.

Their strategy for years has been to cut and starve...then heap blame not on themselves but the IRS.

Massively stupid as it's a clear example of an agency that if they had more resources would bring in MORE money, help reduce the deficit.....doesn't fit the agenda of most Republican leaders though..
 
Real hilarious when an actual fact is presented on these ignorant threads isnt it @Bonasababy

The military has a strict non-partisan stance and thus tries to stay away from showing any emotion at all when in the presence of politicians. The same is true for Justices of the Supreme Court. This is a habit that perhaps more of us should adopt.
 
We need Republicans to agree to give them ANYTHING first. They have refused over and over again. Most recently they removed funding which would have brought the IRS's antiquated computer systems up to date.

Their strategy for years has been to cut and starve...then heap blame not on themselves but the IRS.

Massively stupid as it's a clear example of an agency that if they had more resources would bring in MORE money, help reduce the deficit.....doesn't fit the agenda of most Republican leaders though..
Where do you make shit up from?


"While the IRS does not have the manpower that it had 20 years ago, there are certain taxpayer actions that can trigger an audit by the Internal Revenue Service. As technology continues to evolve at a significant rate, the IRS has increased its use of automated programs to identify tax returns that may deserve further inquiry and inspection. The IRS uses a computerized process specifically designed to identify irregularities in tax returns. Known as Discriminant Information Function (DIF), it scans every tax return received by the IRS.

The task of detecting unreported income is a difficult one. The IRS has implemented different efforts to address issues with unreported income, including the Information Returns Program (IRP), the Economic Reality Ratio (ERR) and the Unreported Income Discriminant Function (UI DIF).

The definition of “unreported income“ is the difference between income reported voluntarily and income that should have been reported – unreported income results in lost income and self-employment taxes.

The automated DIF process uses a computer to mathematically determine the audit potential of returns, which are then manually screened to determine the scope of an audit and the information needed to satisfy any audit. Involving a mathematical concept known as “Discriminate Function,” DIF analyzes income tax returns for their potential to be examined or audited.

This technique relies on the development of formulas based on IRS data, which are programmed to classify returns based on weights assigned to certain basic characteristics of the returns. For each return processed by the IRS, the number of weights is added to obtain a composite score, which is ranked in sequence from highest to lowest. The higher this composite score is, the higher the probability of significant tax anomalies. The highest scored returns are then “made available” for audit.

DIF monitors duplicate information while comparing a return to those of other taxpayers who earned approximately the same income – any red flags generated through the DIF process, prompt review by human agents.

The IRS is simply attempting to determine the likelihood that a taxpayer is under-reporting income or over-reporting deductions. A taxpayer’s DIF score increases from deviations from the norm. For example, if a taxpayer has total income of only $50,000, but lives in a residence worth $500,000, in an exclusive area with five children, the possibility of an audit is significantly increased, since this scenario will increase a DIF score. Another example of conduct that would cause a higher DIF score is a taxpayer claiming $15,000 in charitable deductions"
 
Where do you make shit up from?


"While the IRS does not have the manpower that it had 20 years ago, there are certain taxpayer actions that can trigger an audit by the Internal Revenue Service. As technology continues to evolve at a significant rate, the IRS has increased its use of automated programs to identify tax returns that may deserve further inquiry and inspection. The IRS uses a computerized process specifically designed to identify irregularities in tax returns. Known as Discriminant Information Function (DIF), it scans every tax return received by the IRS.

The task of detecting unreported income is a difficult one. The IRS has implemented different efforts to address issues with unreported income, including the Information Returns Program (IRP), the Economic Reality Ratio (ERR) and the Unreported Income Discriminant Function (UI DIF).

The definition of “unreported income“ is the difference between income reported voluntarily and income that should have been reported – unreported income results in lost income and self-employment taxes.

The automated DIF process uses a computer to mathematically determine the audit potential of returns, which are then manually screened to determine the scope of an audit and the information needed to satisfy any audit. Involving a mathematical concept known as “Discriminate Function,” DIF analyzes income tax returns for their potential to be examined or audited.

This technique relies on the development of formulas based on IRS data, which are programmed to classify returns based on weights assigned to certain basic characteristics of the returns. For each return processed by the IRS, the number of weights is added to obtain a composite score, which is ranked in sequence from highest to lowest. The higher this composite score is, the higher the probability of significant tax anomalies. The highest scored returns are then “made available” for audit.

DIF monitors duplicate information while comparing a return to those of other taxpayers who earned approximately the same income – any red flags generated through the DIF process, prompt review by human agents.

The IRS is simply attempting to determine the likelihood that a taxpayer is under-reporting income or over-reporting deductions. A taxpayer’s DIF score increases from deviations from the norm. For example, if a taxpayer has total income of only $50,000, but lives in a residence worth $500,000, in an exclusive area with five children, the possibility of an audit is significantly increased, since this scenario will increase a DIF score. Another example of conduct that would cause a higher DIF score is a taxpayer claiming $15,000 in charitable deductions"
Identification of suspect returns is fairly automated. The actual audits, not so much. There are some circumstances where a return is flagged and an automated letter sent to the filer with an amount due, but that’s generally due to blatant errors on the return or failure to report things like W-2 income. For the things you list above that are risk based scores, those generally get routed to an auditor or investigator to do further research and determine what, if any, amount is owed. Without sufficient human auditors, there’s going to be a lot of money left on the table.

My profession is building and selling much of that tech.
 
Where do you make shit up from?


"While the IRS does not have the manpower that it had 20 years ago, there are certain taxpayer actions that can trigger an audit by the Internal Revenue Service. As technology continues to evolve at a significant rate, the IRS has increased its use of automated programs to identify tax returns that may deserve further inquiry and inspection. The IRS uses a computerized process specifically designed to identify irregularities in tax returns. Known as Discriminant Information Function (DIF), it scans every tax return received by the IRS.

The task of detecting unreported income is a difficult one. The IRS has implemented different efforts to address issues with unreported income, including the Information Returns Program (IRP), the Economic Reality Ratio (ERR) and the Unreported Income Discriminant Function (UI DIF).

The definition of “unreported income“ is the difference between income reported voluntarily and income that should have been reported – unreported income results in lost income and self-employment taxes.

The automated DIF process uses a computer to mathematically determine the audit potential of returns, which are then manually screened to determine the scope of an audit and the information needed to satisfy any audit. Involving a mathematical concept known as “Discriminate Function,” DIF analyzes income tax returns for their potential to be examined or audited.

This technique relies on the development of formulas based on IRS data, which are programmed to classify returns based on weights assigned to certain basic characteristics of the returns. For each return processed by the IRS, the number of weights is added to obtain a composite score, which is ranked in sequence from highest to lowest. The higher this composite score is, the higher the probability of significant tax anomalies. The highest scored returns are then “made available” for audit.

DIF monitors duplicate information while comparing a return to those of other taxpayers who earned approximately the same income – any red flags generated through the DIF process, prompt review by human agents.

The IRS is simply attempting to determine the likelihood that a taxpayer is under-reporting income or over-reporting deductions. A taxpayer’s DIF score increases from deviations from the norm. For example, if a taxpayer has total income of only $50,000, but lives in a residence worth $500,000, in an exclusive area with five children, the possibility of an audit is significantly increased, since this scenario will increase a DIF score. Another example of conduct that would cause a higher DIF score is a taxpayer claiming $15,000 in charitable deductions"
But there has to be a return, right?


"In the continuing effort to improve tax compliance and ensure fairness, the Internal Revenue Service announced a new effort today focused on high-income taxpayers who have failed to file federal income tax returns in more than 125,000 instances since 2017."
 
Identification of suspect returns is fairly automated. The actual audits, not so much. There are some circumstances where a return is flagged and an automated letter sent to the filer with an amount due, but that’s generally due to blatant errors on the return or failure to report things like W-2 income. For the things you list above that are risk based scores, those generally get routed to an auditor or investigator to do further research and determine what, if any, amount is owed. Without sufficient human auditors, there’s going to be a lot of money left on the table.

My profession is building and selling much of that tech.
The IRS sent me a letter about 6 years ago saying I made an error on my return, and it included a check for a couple hundred dollars!🙂
 
But there has to be a return, right?


"In the continuing effort to improve tax compliance and ensure fairness, the Internal Revenue Service announced a new effort today focused on high-income taxpayers who have failed to file federal income tax returns in more than 125,000 instances since 2017."
There’s specific system designed to look for non-filers. Govt in general does a horrible job of sharing data across agencies, but when they do it can be pretty powerful in finding things like non-filers. It’s a rare person who doesn’t interact with govt in some capacity.
 
The IRS sent me a letter about 6 years ago saying I made an error on my return, and it included a check for a couple hundred dollars!🙂
Totally off subject but the state if Illinois took over two years to pay us back our 1k return. I wonder how that'd play out the other way around...
 
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