Wealthy taxpayers who haven’t filed in years are beginning to get their returns in order, even if they haven’t received collection notices from the IRS.
The IRS said in February it’s going after rich taxpayers who haven’t been filing their returns, an announcement hailed as a sign the agency was getting back on track after pandemic delays and decades of underfunding.
Now tax professionals are fielding an increasing number of calls from wealthy clients who haven’t received notice from the IRS but want to file in case they get collection letters.
“We are getting a lot of calls from ...
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