New IRS funding boosted tax enforcement and improved taxpayer services during the Biden administration
[ad_1] The Internal Revenue Service has ramped up its efforts to recover unpaid taxes from millionaires. It collected more than US$1.1 billion from 1,600 wealthy Americans with known but unpaid tax debts in the 2024 fiscal year, up from just $38 million a year earlier. This boost in tax revenue occurred because of the Inflation […]
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