IRS using Artificial Intelligence to crack down on millionaires to collect millions in back taxes
The IRS announced on September 8, 2023 that under the Inflation Reduction Act where the IRS is receiving $80 billion in new funding, the IRS is shifting more attention onto high-income earners, partnerships, large corporations and promoters abusing the nation’s tax laws while using Artificial Intelligence and improved technology to identify sophisticated schemes to avoid […]