IRS using AI to crackdown on millionaires

The IRS announced it is launching an effort to aggressively pursue millionaires and large business partnerships that owe hundreds of millions in past due taxes.

  • The crackdown will target 1,600 millionaires who owe at least $250,000 each in back taxes…
  • It also will target 75 large business partnerships that have assets of roughly $10 billion on average are targeted for the new “compliance efforts.”

Click here to learn more.