US Inflation Reduction Act Funds High-Income IRS Collections
TL/DR -
The US Inflation Reduction Act allows the IRS to collect more from high-income taxpayers. The legislation, focused on high-income taxpayers, allows the IRS to focus on audits and collections. As a result, the IRS has seen an increase in collection dollars from this demographic.
Understanding How the US Inflation Reduction Act Fuels IRS…