South Carolina small business owner Kevin Dunn criticizes the IRS for its latest move, which he believes is out of touch with the realities of running a business. Dunn argues that the IRS is imposing new, complex rules that create unnecessary burdens and costs for business owners. He believes that the IRS should focus on modernizing its processes instead of aggressive enforcement.
Dunn emphasizes that the IRS’s new rule targeting lawful basis-shifting transactions will harm small businesses in South Carolina, diverting resources away from hiring workers and expanding operations. He calls on lawmakers, including Senators Lindsey Graham and Tim Scott, to hold the IRS accountable and roll back burdensome regulations. Dunn suggests disbanding the IRS pass-through audit unit, which he describes as politically motivated and inefficient.
Overall, Dunn believes that South Carolina’s economy thrives when businesses have the freedom to grow without unnecessary government interference, and urges for the IRS to serve taxpayers rather than harm small businesses.
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