IRS Expands Enforcement Efforts on High-Income Individuals and Corporations
The Internal Revenue Service (IRS) shared on January 12, 2024 that it’s making strides in expanding enforcement efforts targeting high-income individuals, large corporations, and complex partnerships. This is part of the agency’s broader initiative to undergo a transformation. IRS Commissioner Danny Werfel highlighted the ongoing support from the Inflation Reduction Act, emphasizing its positive impact […]