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FILE - Daniel Werfel testifies before the Senate Finance Committee during his confirmation hearing to be the Internal Revenue Service Commissioner, Feb. 15, 2023, in Washington. The IRS announced Friday, Sept. 8, that it is launching a new effort to aggressively pursue 1,600 millionaires and 75 large business partnerships that owe hundreds of millions of dollars in past due taxes. (AP Photo/Mariam Zuhaib, File)

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The IRS plans to crack down on 1,600 millionaires to collect millions of dollars in back taxes
September 10, 2023 midnight

The IRS plans to crack down on 1,600 millionaires to collect millions of dollars in back taxes

IRS Commissioner Daniel Werfel said that with a boost in federal funding and the help of artificial intelligence tools, the agency has new means of targeting wealthy people who have "cut corners" on their taxes.