Social security recipients and other federal beneficiaries who do not normally file a tax return can expect to see a direct payment from the IRS and the Treasury Department this weekend. According to ...
High-income non-filers are being contacted by the Internal Revenue Service (“IRS”) about their tax noncompliance. The IRS announced on February 29, 2024 a new enforcement campaign focused on taxpayers ...
The IRS has unveiled plans to target "non-filers" with a new round of letters, starting with high-income taxpayers who haven't filed federal returns since 2017. Starting this week, the agency will ...
Internal Revenue Service Commissioner Danny Werfel, testifies during a House Ways and Means Committee hearing on Capitol Hill, Thursday, Feb. 15, 2024, in Washington. (AP Photo/Mariam Zuhaib) ...
The Internal Revenue Service has begun sending notices to high-income taxpayers who haven't been filing tax returns since 2017. The initiative is starting this week with IRS compliance letters being ...
The IRS said it expects to get hundreds of millions of dollars from high-income people who haven’t filed federal income tax returns under a new initiative in the agency’s fight to get the money it’s ...
Will Trump’s FTC Rein In Lina Khan’s Abuses? U.N.’s Global Carbon Tax Should Be a Wake-Up Call to Fight International Climate Extremism Why the App Store Freedom Act Undercuts Innovation Barely 1 ...
More than 125,000 IRS compliance letters will go out involving tax returns that haven’t been filed since 2017. That includes more than 25,000 taxpayers earning more than $1 million in income. The IRS ...
It’s not only millionaires that the IRS has its sights set on this tax season. If you make at least $400,000 — and haven’t filed federal tax returns — you may receive a compliance letter from the ...
The IRS plans to go after 125,000 high-income earners who did not file tax returns going back to 2017 — and the agency says hundreds of millions of dollars of unpaid taxes are involved in these cases.