The gains, the tax agency reports stem from the failure of rich Americans to catch up on their returns dating back to 2017.

Before it, the IRS had no resources to effectively pursue wealthy tax evaders. With this additional funding, they can now pursue delinquent ... the IRS also recovered $1.1 billion from 1,600 ...

The IRS has stepped up tax enforcement, and it has already collected more than $1.3 billion in unpaid taxes since fall, 2023. The IRS has begun catching up on a long backlog of what it calls ...

Result: a billion-plus dollars recovered from the nearly 80% of the 1,600 millionaires with delinquent tax debt. That includes $100 million since July, the IRS stated. Treasury Secretary Janet ...

Your article was successfully shared with the contacts you provided. New legislation would amend the Internal Revenue Code of 1986 to establish an above-the-line tax deduction for Americans 65 and ...

A Chinese company has failed to block a Sh2.4 billion tax demand after the Kenya Revenue Authority (KRA) accused it of under-declaring its income through profit shifting, exaggerating hospitality ...

Result: a billion-plus dollars recovered from the nearly 80% of the 1,600 millionaires with delinquent tax debt. That includes $100 million since July, the IRS stated. Treasury Secretary Janet ...

The IRS has stepped up tax enforcement, and it has already collected more than $1.3 billion in unpaid taxes since fall, 2023. The IRS has begun catching up on a long backlog of what it calls ...