- IRS plans to use $80 billion from Congress to enforce sections of the tax code that courts struck down as unlawful last year.
- IRS wants to levy tax penalties against taxpayers engaging in 'listed transactions', including legal transactions like syndicated conservation easements.
- The listed transactions penalties scheme has been twice struck down by courts this year for failing to follow proper procedures.
- Taxpayer advocacy groups argue that the IRS lacks transparency and democratic accountability in determining what qualifies as an abusive tax practice.
- Congress should prevent the IRS from spending taxpayer dollars harassing taxpayers with unlawful audits.
WSJ — World — IRS enforcement — Opinion — Commentary — Finance
Congress Gave $80 Billion to a Lawless IRS
The IRS plans to use $80 billion to enforce sections of the tax code that were previously determined as unlawful. Taxpayer advocacy groups are calling for more transparency and democratic accountability in determining what qualifies as abusive tax practices.