The IRS announced it was planning on pursuing “high-income individuals evading taxes” and claims to have made millions in recoveries at a time when the agency is increasingly facing heat for targeting a higher percentage of lower-income Americans as part of its tax audits.
“The IRS is working to ensure [that] high-income filers pay the taxes they owe,” the Internal Revenue Service (IRS) said in a news release on Friday. “Prior to the Inflation Reduction Act (IRA), more than a decade of budget cuts prevented IRS from keeping pace with the increasingly complicated set of tools that the wealthiest taxpayers use to hide their income and evade paying their share. The IRS is now taking swift and aggressive action to close this gap.”…