IRS recovers $1.3bn from wealthy tax evaders since late 2021 due to enhanced enforcement measures.

The IRS has recovered $1.3 billion from wealthy tax evaders since late 2021, thanks to enhanced enforcement measures. This effort is part of a broader initiative following President Biden's 2022 legislation aimed at improving tax compliance among high-income individuals. Treasury Secretary Janet Yellen and IRS Commissioner Danny Werfel announced this significant recovery, highlighting the agency's commitment to addressing tax evasion.

September 06, 2024
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