Current:Home > ScamsIRS targets 1,600 millionaires who owe at least $250,000 -AssetScope
IRS targets 1,600 millionaires who owe at least $250,000
View
Date:2025-04-16 00:46:45
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! (12)
Related
- 'Most Whopper
- RFK Jr. grilled again about moving to California while listing New York address on ballot petition
- Beware of giant spiders: Thousands of tarantulas to emerge in 3 states for mating season
- Judge says Mexican ex-official tried to bribe inmates in a bid for new US drug trial
- John Galliano out at Maison Margiela, capping year of fashion designer musical chairs
- How effective is the Hyundai, Kia anti-theft software? New study offers insights.
- Kourtney Kardashian Cradles 9-Month-Old Son Rocky in New Photo
- TikToker Nara Smith Addresses Hateful Criticism She and Husband Lucky Blue Smith Have Received
- Could your smelly farts help science?
- Debby Drenched the Southeast. Climate Change Is Making Storms Like This Even Wetter
Ranking
- Friday the 13th luck? 13 past Mega Millions jackpot wins in December. See top 10 lottery prizes
- 'The Umbrella Academy' Season 4: Release date, time, cast, how to watch new episodes
- The 'Rebel Ridge' trailer is here: Get an exclusive first look at Netflix movie
- Connie Chiume, South African 'Black Panther' actress, dies at 72
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
- Police remove gator from pool in North Carolina town: Watch video of 'arrest'
- Beware of giant spiders: Thousands of tarantulas to emerge in 3 states for mating season
- Utah man who killed woman is put to death by lethal injection in state’s first execution since 2010
Recommendation
Sonya Massey's father decries possible release of former deputy charged with her death
Bet365 ordered to refund $519K to customers who it paid less than they were entitled on sports bets
The 'Rebel Ridge' trailer is here: Get an exclusive first look at Netflix movie
Hidden Home Gems From Kohl's That Will Give Your Space a Stylish Refresh for Less
Can Bill Belichick turn North Carolina into a winner? At 72, he's chasing one last high
IOC's decision to separate speed climbing from other disciplines paying off
Jury selection set for Monday for ex-politician accused of killing Las Vegas investigative reporter
RFK Jr. grilled again about moving to California while listing New York address on ballot petition