Dear Reader,
The Internal Revenue Service is looking at Americans who make over $100,000 a year. If you make a decent living and haven’t filed your taxes yet, the IRS could soon be knocking on your door.
The IRS desperately wants a cut of what you’ve earned, especially if you’ve done well for yourself. This year, they are sending agents (tax collectors) to people’s homes in an attempt to get them to pay up. Revenue officers from the Internal Revenue Service are fanning out across the country to tell wealthy taxpayers who haven’t filed taxes in at least a year that they need to pay up, the federal tax collector said this week.
There is no end to how hard most tax collectors will go to ruin the lives of those who simply want to keep what they have worked hard to earn. Previously, I warned of “taxmageddon”, but this wasn’t on the radar at the time.
The in-person visits will target taxpayers who make at least $100,000 a year, according to the IRS, which said the visits were “part of a larger effort to ensure compliance and fairness.” In other words, if you don’t want to pay, someone will be coming to your house to make you pay. The initiative is happening now because IRS Commissioner Charles Rettig has made it a “priority to focus on bringing higher-income non-filers into good standing as a broader emphasis on compliance for the agency,” the spokeswoman told MarketWatch.
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But the IRS says that if they show up at your door, you shouldn’t be surprised because you would have already gotten numerous letters from the tax enforcement agency. In a statement about the upcoming “compliance visits,” Paul Mamo, the director of collection operations at the IRS’s Small Business/Self Employed Division, said the agency wants “to ensure taxpayers know their options to get right with their taxes and avoid bigger issues later.”
Let me translate that one too: pay now, or we will make your life a living hell. The IRS also says these house calls will accomplish two things. One, they’re meant “to give you an incentive to get into a compliance. By visiting your house, it’s going to give you a scare.” Two, they will investigate your living situation. When they come to your home, they’re looking where you live and what type of house you have. If you’re only reporting $50,000 in income and live in a mansion or drive a Lamborghini, “something’s wrong,” according to tax collectors.
The government firmly believes that people should pay taxes whether they want to, agree to it, or have any reservations about how their money is being spent. Free choice is not an option, you will now be forced to pay whether you like it or not.
Just be aware of the tactics the IRS is going to be using to force you to comply with their commands. These people honestly believe they have the right to take the money you’ve earned and will stop at nothing to get it from you.
Best Regards,
James Davis
FutureMoneyTrends.com
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