The IRS is going after 1,600 millionaires who owe hundreds of millions in overdue taxes, and it's using AI to catch them

Fri, 09/08/2023 - 09:52

Daniel Werfel testifies before the Senate Finance Committee during his confirmation hearing to be the Internal Revenue Service Commissioner, Feb. 15, 2023, in Washington.
AP Photo/Mariam Zuhaib, File

The IRS said it's going after 1,600 millionaires who owe hundreds of millions in overdue taxes.
The agency said it will also be targeting 75 large business partnerships in the same situation.
The tax collection effort, announced on Friday, should start as soon as October.

The IRS announced on Friday it is launching an effort to aggressively pursue 1,600 millionaires and 75 large business partnerships that owe hundreds of millions of dollars in past due taxes.