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Tag Archives: IRS Collection

IRS tops $1 billion Mark in past-due taxes collected from millionaires

A properly or funded IRS is reaching out to various high-income constituents to collect back taxes. It appears their efforts are paying off in increasing tax collections, Compliance efforts continue involving high-wealth groups, corporations, partnerships. IRS July 11, 2024 WASHINGTON — Continuing compliance efforts under the Inflation Reduction Act by the Internal Revenue Service is resulting in increasing tax collections. The IRS announced...

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