from Financial Survival Network
Noted tax litigator and author Dan Pilla joined us to discuss the coming Big Brother IRS tracking systems. The IRS has spent a fortune bringing their systems up to date. They’ve signed up a company to build a massive database to allow the IRS to search, analyze and visual data to do real time tracking of taxpayers spending patterns. They’ve already got the data and now they’re serious about doing something about it. They’ll be taking your credit card info, bank transaction data, real estate, cellphone and email data and identify patterns and make them available to audit questionable returns. It’s truly a frightening Brave New World.
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