![]() Prior to the Inflation Reduction Act, more than a decade of budget cuts prevented the IRS from keeping pace with the increasingly complicated set of tools that the wealthiest taxpayers use to hide their income and evade paying their share. The IRS is working to ensure large corporate and high-income individual filers pay the taxes they owe. Ensuring Large Corporations and High-Income, High-Wealth Individual Taxpayers Pay Taxes Owed As these initiatives to improve compliance among high-income individuals, complex partnerships, and large corporations ramp up, the IRS is continuing its work to improve customer service and modernize core technology infrastructure, most notably with the launch of Business Tax Account. Today the IRS is announcing new initiatives to ensure large corporations pay taxes owed. WASHINGTON-Following a dramatically improved 2023 Filing Season thanks to Inflation Reduction Act (IRA) investments, the Internal Revenue Service (IRS) has targeted IRA resources on strengthening enforcement, with announcements on new initiatives to pursue high-income, high-wealth individuals who do not pay overdue tax bills and complex partnerships.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |