Tag: The IRS announced new enforcement initiatives
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IRS to Target Millionaires in Crackdown, Use AI
By Brett Rowland, The Center Square The IRS announced new enforcement initiatives to crack down on 1,600 millionaires and 75 large companies it said owe hundreds of millions in unpaid taxes. IRS Commissioner Daniel Werfel said the agency will use Inflation Reduction Act funding to focus on high-income earners, partnerships, large corporations and promoters. He said the IRS won’t…