IRS to Up Scrutiny on Large Partnerships, Wealthy Taxpayers (1)

Sept. 8, 2023, 1:00 PM UTCUpdated: Sept. 8, 2023, 1:40 PM UTC

The IRS will intensify its enforcement efforts on wealthy taxpayers and large partnerships starting as soon as this month, the agency said Friday.

Democrats’ tax-and-climate law provided tens of billions of dollars in funds for the IRS to build up its infrastructure for going after tax dodgers. In a detailed plan released earlier this year, the agency created a blueprint showing where it intends to focus these funds—including targeting large complex partnerships and high-income taxpayers.

The agency will open exams for 75 of the largest US partnerships—identified with the help of artificial intelligence—by the end of September. These partnerships, ...

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