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131,906 Views ⢠Mar 15, 2022 ⢠Click to toggle off description
In the greatest UNO reverse card of all time, the IRS is getting audited.
The department is getting a taste of itâs own medicine thanks to the U.S Treasury Inspector General for Tax Information.
The investigation is looking into the cozy relationship between tax agents and major financial firms, with many instances of people jumping back and forth between the two opposing factions multiple times over their careers.
Talking about the time you audited a KPMG client doesnât go over too well in a job interview at KPMG.
The tipoff was that each agency incentivizes whistleblowers with a cut of the money recovered by the government as a result of tips.
Both have paid out roughly a billion dollars each but the IRS bounty system has been operating for an additional three years, raising some questions of whether their agents are looking the other way on certain issues.
This story was based on an article published by the daily upside, if you enjoy business stories like this one make sure to sign up to their free email newsletter.
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Views : 131,906
Genre: Education
Date of upload: Mar 15, 2022 ^^
Rating : 4.94 (100/6,615 LTDR)
98.51% of the users lieked the video!!
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User score: 97.77- Overwhelmingly Positive
RYD date created : 2022-04-09T17:46:45.694004Z
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YouTube Comments - 82 Comments
Top Comments of this video!! :3
âWho watches the watchersâ indeedâŚ
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Oh, dang! Very interesting. Audit the auditors!!!! Nice.
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Not surprising. Youâre much more likely as a middle class earner to get audited than a multibillion dollar company. Auditing a big company basically just ends your career.
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LMAO I'm sure the IRS is sweating bullets đđđ
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Even the IRS can't escape the irs
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this is less about the IRS getting audited and more about the negative consequences of whistleblower reward systems. hard to imagine it won't happen again
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Life is truly a circle .
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The irs needs to audit large corporations and close the loopholes allowing a corporation to stall audits through litigation to the point that the irs spends more money than WE'RE owed.
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Al Capone be like đ
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Wait a minute... you mean people in government might not be honest individuals when we trust them blindly? This is news to me!
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Very good! Unchecked power never works out in the long run.
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I got hurt and took money out of my 401k. I thought I signed the paper to take out the taxes but since it was my first time ever doing anything like this. Instead of going on welfare I borrowed my own money. Fast forward 7-8 years adding on that many years of penalties and the IRS takes out every single cent I ownedâŚover $2000âŚ.as I babysat for my job I didnât make a whole lot. Do you think they cared if i could pay my rent? Get food and as all of you knowâŚ..much much more. Anyone have any tips for me on how to get any of it back? EFF the IRS. JERKS
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fascinating
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Thank God for Uno
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This will either change everything or nothing
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Another Reverse Uno card that needs to happen: Road Vehicle-Worthiness Tests where vehicles registered to failed roads take a break on licence and related fees.
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Who wants to bet the auditor auditing the auditor gets audited
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EFFING about time!!
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There's always a bigger fish
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@HowMoneyWorks
2 years ago
This story was based on an article published by the daily upside, if you enjoy business stories like this one make sure to sign up to their free email newsletter at bit.ly/3KnnI3H
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