​New IRS Unit Begins Targeting Pass-Through Businesses – Tyler Durden

New IRS Unit Begins Targeting Pass-Through Businesses Authored by Naveen Athrappully via The Epoch Times (emphasis ours), The IRS has officially launched a new unit that it states will “more efficiently conduct audits” of entities known as pass-through businesses. The initiative targets businesses that pay no taxes on their revenue. Instead, the income generated is passed on to owners who then file taxes based on their individual taxation rates. Pass-through businesses include sole proprietorships, partnerships, limited liability companies, and S-corporations. [Which the Bidens used to avoid up to $500k in taxes] People walking near the IRS building in Washington on Jan.…  — Continue at ZeroHedge News : Read More