By Marisa Herman | Friday, 10 May 2024 08:56 AM EDT
The Internal Revenue Service's plans to aggressively increase audits is "incredibly concerning" to many economists and others who warn of targeting specific economic groups.
On May 2, the agency released an update to its "Strategic Operation Plan" detailing how it plans on spending the $80 million boost it received thanks to the Biden administration's 2022 "Inflation Reduction Act."
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Marisa Herman, a Newsmax senior reporter, focuses on major and investigative stories. A University of Florida graduate, she has more than a decade of experience as a reporter for newspapers, magazines, and websites.
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