Current：Home > MarketsIRS targets 1,600 millionaires who owe at least $250,000 -Wealth Evolution Experts
IRS targets 1,600 millionaires who owe at least $250,000
View
Date：2025-04-14 00:21:46
IRS Commissioner Danny Werfel announced Friday that the IRS is going after 1,600 millionaires who owe at least $250,000 each and collectively owe hundreds of millions of dollars, as part of an expanded push to make sure that wealthy taxpayers pay what they owe.
Also on the IRS radar: Large partnerships; construction firms issuing sketchy paperwork to "shell" companies that kick back the money to the original contractor, schemes already spotted in Texas and Florida; and wealthy individuals who are not reporting and paying taxes associated with money held in foreign bank accounts.
veryGood！ (21)
Related
- Questlove charts 50 years of SNL musical hits (and misses)
- Attack on kindergarten in China leaves six dead, authorities say
- ABBA Guitarist Lasse Wellander Dead at 70 After Cancer Battle
- U.S. and China announce surprise climate agreement at COP26 summit
- B.A. Parker is learning the banjo
- Why Khloe Kardashian Hasn't Revealed the Name of Her and Tristan Thompson's Baby Boy Just Yet
- After a year of deadly weather, cities look to private forecasters to save lives
- The Arctic has a new record high temperature, according to the U.N.
- Selena Gomez's "Weird Uncles" Steve Martin and Martin Short React to Her Engagement
- Madewell's Extra 30% Off Clearance Sale Has $20 Tops, $25 Skirts & More Spring Styles Starting at $12
Ranking
- 'Vanderpump Rules' star DJ James Kennedy arrested on domestic violence charges
- Why Jennifer Garner Doesn’t Want to See Those Ben Affleck Memes
- France protests continue as funeral begins for teen killed by police
- Climate activist Greta Thunberg charged with disobedience, Swedish officials say
- Former Danish minister for Greenland discusses Trump's push to acquire island
- At least 51 people killed in road accident in western Kenya, 32 injured, police and Red Cross say
- Pregnant Peta Murgatroyd and Maks Chmerkovskiy Share Glimpse Inside Tropical Baby Moon
- From a place of privilege, she speaks the truth about climate to power
Recommendation
Selena Gomez engaged to Benny Blanco after 1 year together: 'Forever begins now'
In Iraq's famed marshlands, climate change is upending a way of life
Biden says climate fears are well-founded but touts progress at the U.N. summit
Draft agreement at the COP26 climate summit looks to rapidly speed up emissions cuts
Nearly half of US teens are online ‘constantly,’ Pew report finds
These Portuguese kids are suing 33 European countries to force them to cut emissions
Why Christmas trees may be harder to find this year (and what you can do about it)
For World Health Day 2023, Shop These 17 Ways to Enhance Your Self Care Routine