The IRS is bragging about its new supercomputer and its big data. The IRS is bragging that they have the financial DNA of every taxpayer,
Saving taxes by eliminating your audit risk is now easier than ever by gaming the IRS supercomputer is easier than ever.
The best small business tax plans are distributing the businesses over more than one return. For example, there is a new type of trust that can own an S-corporation that reports the tax due but does not give the IRS any information as to income or expense. This trust is called an ESBT trust. The tax return also gives little information as to the true owner.
My software crawled through IRS.gov to learn how to become stealth to this supercomputer with its big data. I will explain the big data below (and you are not going to like it).
The IRS Robot is scanning eBay, LinkedIn, and Facebook, Yelp and all social media, your internet searches and in some cases your emails to create what the IRS calls your DNA financial footprint.
It has access to every social media posting going back to 2008. Deleting your posts does not make them go away. The IRS computer keeps the old version. The new Federal Big Data Services Hub opened October 1, 2013. It shares with other agencies a variety of personal taxpayer information including health records, tax and financial information and criminal background status.
How Powerful is the IRS Supercomputer? It can read all 200 million e-Filed returns in just ten hours. The IRS has bragged that their computer can make DNA blueprint of each of our behavior. In this of by radio show, Tax Talk, you will learn how and what to do.
The power and capacity of this supercomputer bring Big Brother to all of us. It has more than 6 billion pages of personal data on of us (an average of 3,000 pages per taxpayer). Learn how to “game” this supercomputer with the podcast of my radio show, below.