Sources
Loading...
Additional media
Loading...
DeepNewz, mobile.
People-sourced. AI-powered. Unbiased News.
The Internal Revenue Service is targeting high-earning individuals who have not filed taxes, with a focus on those making $400,000 or more annually. The agency is sending out 125,000 notices to nonfilers in this income bracket, aiming to address tax evasion among the wealthiest Americans, amounting to over $150 billion annually.
UNITED STATES: The country's wealthiest are evading over $150 billion in taxes annually, according to the chief of the Internal Revenue Service.
"The IRS is sending 125,000 compliance letters in campaign against wealthy tax cheats." (via @USATODAYmoney) https://t.co/myu9FFta8m
These are not people who are exploiting loopholes or cutting corners to keep their taxes low; they’re people who are simply not paying taxes, and they’re all making over $400,000 annually, with around a fifth of them making more than $1 million. Story: https://t.co/CWAeJyCsex https://t.co/Gb11uqgoeQ
