The U.S. Department of the Treasury and IRS announced a 'major milestone' of collecting more than $1 billion in past-due taxes from millionaires.
The Treasury Department and the IRS announced the collection of more than $1 billion in tax debt from high-income individuals over the past year.
However, the funding enacted in 2022 that is allowing the IRS to pursue its plans still has its critics, particularly among congressional Republicans. The infusion of IRS funding, enacted via the Inflation Reduction Act in 2022, still has its critics, however, particularly among
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