Wow - The IRS has collected $172 million from Taxpayers Who did not File Returns
Earlier this year the IRS launched an initiative to collect taxes from wealthy taxpayers who did not file returns.
The IRS launched an initiative in February 2024 to collect income taxes from wealthy taxpayers who had not filed income tax returns.
Taxpayers were identified based on information reported to the IRS on W-2 and 1099 forms or other information.
The Inflation Reduction Act had provided additional funds to allow the IRS the resources to go after these taxpayers.
