Current:Home > ContactIRS targets 1,600 millionaires who owe at least $250,000 -GrowthProspect
IRS targets 1,600 millionaires who owe at least $250,000
View
Date:2025-04-16 13:22:39
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! (5512)
Related
- Arkansas State Police probe death of woman found after officer
- Turkish Airlines says girl, 11, died after losing consciousness on flight from Istanbul to New York
- Exercising in bad air quality can lead to negative health effects. Here's what to know.
- Pressure On The World's Biggest Polluters Is Increasing. But Can It Force Change?
- At site of suspected mass killings, Syrians recall horrors, hope for answers
- Greece migrant boat capsize leaves hundreds missing, with fear 100 kids trapped in hold
- Former U.K. Prime Minister Boris Johnson quits politics after being sanctioned for misleading Parliament
- Gigi Hadid's Signature Scent Revealed
- 'Most Whopper
- Sofia Richie Converts to Judaism Ahead of Wedding to Elliot Grainge
Ranking
- Behind on your annual reading goal? Books under 200 pages to read before 2024 ends
- Disney’s Live-Action Lilo & Stitch Finally Finds Its Lilo
- U.K. police say man arrested over apparent triple murder in Nottingham
- Dwyane Wade Asks Daughter Zaya to Change His Phone Contact to This After Hall of Fame Honor
- Nevada attorney general revives 2020 fake electors case
- Hailey Bieber Sends Love to Justin Bieber’s Beautiful Mom in Birthday Tribute
- Ecuadoran woman who knocked on coffin during her own wake has died
- Ariana Madix's Revenge Dress for Vanderpump Rules Reunion Is Hotter Than You Expected
Recommendation
Opinion: Gianni Infantino, FIFA sell souls and 2034 World Cup for Saudi Arabia's billions
Ulta 24-Hour Flash Sale: 50% Off Kylie Jenner's Kylie Cosmetics, Tarte, Lancôme, StriVectin, and Clinique
Senators write letter of support to Wall Street Journal reporter Evan Gershkovich
Jungle commandos helped rescue children lost in Amazon for 40 days after plane crash
Global Warming Set the Stage for Los Angeles Fires
DWTS Pro Gleb Savchenko's Thoughts on Julianne Hough Returning as Co-Host Deserve a 10
Doctors remove world's largest kidney stone from retired soldier in Sri Lanka
The Drought In The Western U.S. Is Getting Bad. Climate Change Is Making It Worse