this post was submitted on 15 Oct 2023
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Microsoft May Owe $28.9 Billion in Back Taxes to the IRS (gizmodo.com)
submitted 1 year ago by L4s to c/technology
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Microsoft May Owe $28.9 Billion in Back Taxes to the IRS::The IRS said it would be cracking down on wealthy individuals for tax evasion early last month, using new AI tools.

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[–] alvvayson 23 points 1 year ago

Imagine defrauding the IRS for even $30K as an individual...

Gonna be hard to not see a few months of jail time.

Tax advisors should really be criminally prosecuted when they signoff on illegal tax schemes. They must be punished and forbidden from ever giving tax advice ever again.