Current:Home > ScamsIRS targets 1,600 millionaires who owe at least $250,000 -Dynamic Profit Academy
IRS targets 1,600 millionaires who owe at least $250,000
View
Date:2025-04-15 12:19:46
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! (69)
Related
- Residents worried after ceiling cracks appear following reroofing works at Jalan Tenaga HDB blocks
- Kansas City mass shooting is the 50th so far this year, gun violence awareness group says
- Steady ascent or sudden splash? North Carolina governor’s race features men who took different paths
- Zendaya’s Futuristic Dune: Part Two Premiere Look Has a NSFW Surprise
- Immigration issues sorted, Guatemala runner Luis Grijalva can now focus solely on sports
- North Carolina lawmakers say video gambling machine legislation could resurface this year
- Los Angeles firefighters injured in explosion of pressurized cylinders aboard truck
- Hamas recruiter tells CBS News that Israel's actions in Gaza are fueling a West Bank recruiting boom
- Realtor group picks top 10 housing hot spots for 2025: Did your city make the list?
- Mississippi seeing more teacher vacancies
Ranking
- Skins Game to make return to Thanksgiving week with a modern look
- Nordstrom Rack's Extra 40% Off Clearance Sale Has Us Sprinting Like Crazy To Fill Our Carts
- Mystery Behind Pregnant Stingray With No Male Companion Will Have You Hooked
- Company plans $344 million Georgia factory to make recycled glass for solar panels
- Audit: California risked millions in homelessness funds due to poor anti-fraud protections
- USA TODAY's Restaurants of the Year for 2024: How the list of best restaurants was decided
- Delta flight with maggots on plane forced to turn around
- Prabowo Subianto claims victory in Indonesia 2024 election, so who is the former army commander?
Recommendation
Intel's stock did something it hasn't done since 2022
Top takeaways from Fulton County D.A. Fani Willis' forceful testimony in contentious hearing on whether she should be removed from Trump Georgia 2020 election case
US Justice Department sues over Tennessee law targeting HIV-positive people convicted of sex work
Delta flight with maggots on plane forced to turn around
PHOTO COLLECTION: AP Top Photos of the Day Wednesday August 7, 2024
Wyoming standoff ends over 24 hours later with authorities killing suspect in officer’s death
Wayfair’s Presidents' Day Sale Has Black Friday Prices- $1.50 Flatware, $12 Pillows & 69% off Mattresses
Man who stuffed three Burmese pythons in his pants sentenced in smuggling attempt