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U.S. IRS Announce Recovery of USD 1.3 Billion from High-Income, High-Wealth Individuals under Inflation Reduction Act Initiatives

09 September 2024

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The U.S IRS has announced the recovery of USD 1.3 billion has been recovered from high-income, high-wealth individuals under Inflation Reduction Act initiatives. --- U.S. Department of the Treasury, IRS announce $1.3 billion recovered from high-income, high-wealth individuals under Inflation Reduction Act initiatives $172 million recovered from 21,000 wealthy taxpayers who have not filed tax returns since 2017 in first six months of new initiative IR-2024-233, Sept. 6, 2024 WASHINGTON — Today, U.S. Secretary of the Treasury Janet L. Yellen and Commissioner of the Internal Revenue Service Danny Werfel are delivering remarks at the Austin, Texas, IRS campus to announce...