PROTECTING TAXPAYER RIGHTS IN IRS AUDITS

The conversation with Damien Brady, Vice President of Research for the National Taxpayers Union Foundation, focused on the recent report by the Treasury Inspector General for the Tax Administration about the IRS's failure to effectively audit high net worth individuals. The report found that the examinations were unproductive and that the IRS was shifting its focus to individuals with $400,000 or more. The conversation also touched on the need for IRS reform, the impact of tax complexity, and the challenges of balancing the federal budget. Main Street Matters is part of the Salem Podcast Network - new episodes debut every Wednesday & Friday.