High-Income Earners Face Greater Tax Scrutiny under Biden’s American Families Plan

Apr 30, 2021 | Household Payroll & Taxes, Tax & Wage Laws, Tax Reform

President Biden is proposing unprecedented funding for the IRS to reduce tax evasion and better conduct audits of wealthy Americans. The administration wants to use money raised from cracking down on tax avoidance to help fund the new social programs of the American Families Plan.