IRS commissioner says agency rounded up $38M from over 175 high-income tax delinquents – By Julia Musto (FOX Business) / July 14, 2023
IRS chief said federal tax collector’s ability to identify tax delinquents comes from resources provided by Inflation Reduction Act
Internal Revenue Service Commissioner Daniel Werfel said Thursday that the agency collected $38 million in delinquent taxes from more than 175 high-income taxpayers in the past few months.
Around 100 high-income individuals reportedly attempted to get favorable tax treatment through Puerto Rico, without meeting certain requirements.
“It just shows you how much money is out there in delinquent taxes, and there are so many more cases for us to tackle,” he said in a call with reporters, according to The Associated Press. “There’s just a significant opportunity there.”
The IRS did not provide figures for how those high-dollar tax collections compared with previous years.
