Many of those cases are expected to face criminal investigation.
“It just shows you how much money is out there in delinquent taxes, and there are so many more cases for us to tackle,” said new IRS Commissioner Daniel Werfel, just four months into the job. “There’s just a significant opportunity there.”
Werfel, in a call with reporters on Thursday, said the federal tax collector’s enhanced ability to identify tax delinquents comes from resources provided by the Inflation Reduction Act The agency was in line for an $80 billion infusion of funds under the law, but that money is vulnerable to potential cutbacks. to the IRS into the debt ceiling and budget cuts package passed by Congress earlier this summer.
The IRS said its workers answered three million more phone calls compared to last filing season, cut wait times to three minutes from 28 and completely cleared the backlog of unprocessed 2022 tax returns that had no errors. It is opening new taxpayer assistance centers and holding events to help people who live far from the agency’s in-person offices.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
IRS says it collected $38 million from more than 175 high-income tax delinquentsThe IRS is showcasing its new capability to aggressively audit high-income tax dodgers as it makes the case for sustained funding and tries to avoid budget cuts sought by Republicans who want to gut the agency
Baca lebih lajut »
IRS says it collected $38 million from more than 175 high-income tax delinquentsThe IRS is showcasing its new capability to aggressively audit high-income tax dodgers as it makes the case for sustained funding and tries to avert budget cuts sought by Republicans who want to gut the agency.
Baca lebih lajut »
IRS says it collected $38 million from more than 175 high-income tax delinquentsThe IRS is showcasing its new capability to aggressively audit high-income tax dodgers as it makes the case for sustained funding and tries to avoid budget cuts sought by Republicans who want to gut the agency.
Baca lebih lajut »
$38 Million Nantucket House Broke A Massachusetts Record For Most Expensive Home—Here Are 5 Still On The MarketA sprawling Nantucket estate with three buildings, 3.5 acres, 11 bedrooms and a sauna has become the most expensive home ever sold in Massachusetts.
Baca lebih lajut »
IRS investigating crypto traders using Puerto Rico tax breaks: ReportIRS agents and federal prosecutors from the United States are reportedly investigating wealthy crypto traders and hedge fund managers suspected of taking advantage of Puerto Rico’s low tax rate program.
Baca lebih lajut »