The Internal Revenue Service (IRS) will focus on high-income US taxpayers who have failed to file federal income tax returns in more than 125,000 instances since 2017 to improve tax compliance and ensure fairness.
The new initiative, made possible by Inflation Reduction Act funding, begins with IRS compliance letters going out this week on more than 125,000 cases where tax returns haven’t been filed since 2017.
The mailings include more than 25,000...