Research from former IRS economist Kim Bloomquist made waves last year when he found that the agency’s audits of low-wage Earned Income Tax Credit filers had been going up while audits of high-income earners were going down.
Bloomquist joins Bloomberg Tax editor Yuri Nagano on our weekly podcast, Talking Tax, to discuss why this has been happening and how—or even whether—the Biden administration will attempt to tackle this problem.
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