It’s not only millionaires that the IRS has its sights set on this tax season. If you make at least $400,000 — and haven’t filed federal tax returns — you may receive a compliance letter from the ...
High-income non-filers are being contacted by the Internal Revenue Service (“IRS”) about their tax noncompliance. The IRS announced on February 29, 2024 a new enforcement campaign focused on taxpayers ...
The IRS plans to go after 125,000 high-income earners who did not file tax returns going back to 2017–and the agency says hundreds of millions of dollars of unpaid taxes are involved in these cases.
The IRS is looking for more than a few rich tax cheats. Fueled by funding from the Inflation Reduction Act of 2022, the agency has contacted tens of thousands of wealthy taxpayers who haven’t filed ...
The IRS has increased funding for collection and enforcement, with a stated focus on high income non-filers and digital assets (among other areas). The DOJ has also emphasized a focus on digital ...
The IRS said it expects to get hundreds of millions of dollars from high-income people who haven’t filed federal income tax returns under a new initiative in the agency’s fight to get the money it’s ...
Internal Revenue Service Commissioner Danny Werfel, testifies during a House Ways and Means Committee hearing on Capitol Hill, Thursday, Feb. 15, 2024, in Washington. (AP Photo/Mariam Zuhaib) ...
The Internal Revenue Service (IRS) has warned that it will continue to pursue wealthy Americans who do not file their tax returns. This latest warning comes amid revelations that despite a recently ...
WASHINGTON – The IRS plans to go after 125,000 high-income earners who did not file tax returns going back to 2017 — and the agency says hundreds of millions of dollars of unpaid taxes are involved in ...