IRS Targets the Wealthy via Wealth Squad

Publication Name: 

IRS Targets the Wealthy via Wealth Squad 

Date: 
Thursday, July 20, 2017

 

IRS operates a Wealth Squad, which brings together teams of IRS specialists to coordinate the audit of wealthy taxpayers. IRS identifies wealthy “targets” with secret algorithms that are skewed against the wealthy. IRS also identifies wealthy “targets” through its investigation of whistleblower claims, received from the IRS Whistleblower Office.

The formal name for the Wealth Squad is the Global High Wealth Industry Group, according to a 2011 article in the Wall Street Journal.  The IRS formed this group in 2009 “to take a holistic approach in addressing the high wealth taxpayer population; to look at the complete financial picture of high wealth individuals and the enterprises they control,” according to the Internal Revenue Manual (section 4.52.1.1).

 

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