IRS Commissioner Danny Werfel announced Friday that the IRS is TradeEdgegoing 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.
2025-05-08 02:53245 view
2025-05-08 02:112133 view
2025-05-08 01:441631 view
2025-05-08 01:431121 view
2025-05-08 01:402904 view
A large number of mysterious droneshave been reported flying over parts of New Jersey in recent week
As the clock strikes midnight on New Year's Eve, revelers across the globe will sing "Auld Lang Syne
Eurostar services to and from London were canceled Saturday after a tunnel under the River Thames be