New IRS Requirement Raises Questions About Vow to Expand Audits Only on ‘Rich’

The IRS can require payment facilitators to send millions of additional Form 1099-Ks to middle-class taxpayers and small businesses and still honestly say that it hasn't increased its audit level. Hapabapa/iStock/Getty Images

Commentary

Next month, the U.S. Postal Service will be busier than usual—not because of late Christmas cards or thank-you letters, but because of the extra Form 1099-Ks the IRS will be mailing out.