IRS plans to crack down on 1,600 millionaires to collect millions of dollars in past due taxes
WASHINGTON - The IRS announced on Friday it is launching an effort to aggressively pursue 1,600 millionaires and 75 large business partnerships that owe hundreds of millions of dollars in past due taxes.
IRS Commissioner Daniel Werfel said that with a boost in federal funding and the help of artificial intelligence tools, the agency has new means of targeting wealthy people who have "cut corners" on their taxes.
