It’s often stated that death and taxes are the only guarantees in life. However, many individuals may be trying to avoid taxes. As you can imagine, the Internal Revenue Service (IRS) isn’t too fond of ...
WASHINGTON — Tens of thousands of wealthy Americans are not complying with recently revamped Internal Revenue Service efforts to get them to file tax returns, according to data obtained exclusively by ...
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 Internal Revenue Service has begun sending notices to high-income taxpayers who haven't been filing tax returns since 2017. Processing Content The initiative is starting this week with IRS ...
The Internal Revenue Service is going after 125,000 high-earning Americans who raked in more than $400,000 annually but did not file tax returns between 2017 and 2021. Beginning this week, some 25,000 ...
The IRS announced today that over 125,000 taxpayers who are missing at least one federal income tax return since tax year 2017 will receive letters from the IRS warning them that they must file their ...
The IRS has announced a new compliance effort focused on high-income taxpayers. The initiative, says IRS Commissioner Danny Werfel is intended to ensure that the current system is fair—he noted that ...
In early 2024, the IRS began an effort to contact people it calls “high income non-filers” and urge them to file returns to the tax agency. “We have made progress,” an IRS official told CNBC, ...
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