"IRS Boosts Taxpayer Assistance and Pursues Wealthy Tax Evaders: Updates on $80B Funding and New Filing Tools"

1 min read
Source: NPR
"IRS Boosts Taxpayer Assistance and Pursues Wealthy Tax Evaders: Updates on $80B Funding and New Filing Tools"
Photo: NPR
TL;DR Summary

The IRS received $80 billion to improve its services and enforcement efforts, leading to the hiring of 5,000 new customer service representatives and the implementation of a free electronic tax filing system. Commissioner Danny Werfel highlighted the agency's focus on pursuing wealthy individuals and corporations who owe back taxes, citing early success in collecting nearly $200 million from a high-risk list of 1,600 millionaires and billionaires. The IRS aims to provide taxpayers with various filing options and modernize its processes to ensure everyone pays their fair share of taxes.

Share this article

Reading Insights

Total Reads

0

Unique Readers

0

Time Saved

5 min

vs 6 min read

Condensed

92%

1,09589 words

Want the full story? Read the original article

Read on NPR