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The Internal Revenue Service has begun sending notices to high-income taxpayers who haven't been filing tax returns since 2017. The initiative is starting this week with IRS compliance letters being ...
High-income non-filers are being contacted by the Internal Revenue Service (“IRS”) about their tax noncompliance. The IRS announced on February 29, 2024 a new enforcement campaign focused on taxpayers ...
More than 125,000 IRS compliance letters will go out involving tax returns that haven’t been filed since 2017. That includes more than 25,000 taxpayers earning more than $1 million in income. The IRS ...
WASHINGTON — Tens of thousands of wealthy Americans are not complying with recently revamped Internal Revenue Service efforts to get them to file tax returns, according to data obtained exclusively by ...
The IRS on Thursday unveiled plans to target wealthy "non-filers" with a new round of compliance letters. Non-filers making between $400,000 and more than $1 million with unfiled federal returns from ...
Forbes contributors publish independent expert analyses and insights. Admitted NY Bar and US Tax Court, covers US international tax law. A Substitute for Return is a tax return prepared by the IRS ...
The IRS has unveiled plans to target "non-filers" with a new round of letters, starting with high-income taxpayers who haven't filed federal returns since 2017. Starting this week, the agency will ...