The IRS recently announced a major tax enforcement initiative that will increase scrutiny on high-income earners, partnerships and people with foreign bank accounts. The agency said the effort ...

Is the IRS cracking down on high-income earners? If you earn between $400,000 and $1 million and still need to file a tax return, you may be chosen by the IRS for audit. The tax agency has found ...

The tax bill passed by the House of Representatives on May 22, called the “One Big Beautiful Bill Act,” has more than 1,000 ...

Unlike bank robbers, IRS auditors tend to look where the ... The perennial solution is to focus on high earners, in the same way that Democrats want to raise income taxes with higher top rates ...

In September 2023, the Internal Revenue Service (IRS) announced a significant initiative ... 2024, targeting high-income taxpayers who have failed to file federal tax returns since 2017.

The adjustments, announced by the ... Middle-income earners will be happy to hear that the Alternative Minimum Tax exemption, designed to ensure that high earners pay a minimum tax, has increased ...

The IRS recently announced a major tax enforcement initiative that will increase scrutiny on high-income earners, partnerships and people with foreign bank accounts. The agency said the effort ...

The compliance initiative targeting high-earning non-filers comes after an IRS warning for wealthy, high earners earlier this ... the U.S. Treasury Department announced the launch of audits ...