The Internal Revenue Service (IRS) collected $482 million from wealthy tax cheats in 2023 as part of their efforts to increase enforcement. The agency pursued 1,600 millionaires to recoup overdue tax payments and plans to continue targeting high-income individuals and large corporations. The IRS aims to reverse the historic low audit rates for the wealthiest taxpayers and ensure they pay what is legally owed. The agency has increased staff and technology to improve compliance and customer service. Additionally, the Inflation Reduction Act of 2022 provided funding for more IRS agents to conduct audits on tax defrauders.
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