Home | Blog | IRS TARGETS HIGH-INCOME TAXPAYERS

IRS TARGETS HIGH-INCOME TAXPAYERS

The IRS is targeting high-income taxpayers who have not complied with their tax obligations.IRS

As part of a larger effort to ensure compliance and fairness, the Internal Revenue Service said on February 19th that it will step up efforts to visit high-income taxpayers who have failed to timely file one or more of their tax returns.

The IRS has recently hired additional enforcement personnel, and with this additional staff, IRS revenue officers across the country will increase face-to-face visits with high-income taxpayers who have not filed tax returns in 2018 or previous years.

The visits will focus on high-income non-filers with income in excess of $100,000 during a tax year and who did not file a tax return with the IRS.

The IRS stressed that taxpayers having delinquent filing or payment obligations should consult a competent tax advisor and not wait to be contacted by an IRS revenue officer. “It is always worthwhile to take advantage of various methods of getting back into filing or payment compliance before being personally contacted by the IRS.”

For this new initiative, the IRS noted that these high-income taxpayers have typically received numerous letters from the IRS over an extended period of time, so they generally realize they have a tax issue.

Contact us to bring their tax filing obligations up to date.

Read the full IRS notice.

 

Here to Help

Here to Help

Contact one of our specialists

London
USTAXFS
3 Harbour Exchange Square
London E14 9GE
United Kingdom

T: +44 20 7357 8220

F: +44 20 7357 8225

Email Us

Zurich
USTAXFS
Brandschenkestrasse 20
CH-8001 Zurich
Switzerland

T: +41 44 387 8070

F: +41 44 387 8079

Email Us

Geneva
USTAXFS
Rue de-Candolle 19
CH 1205
Geneva
Switzerland

T: +41 22 700 2500

F: +41 22 700 2526

Email Us

Middle East, Asia and the Americas
US Tax & Financial Services GmbH
Löwenstrasse 28
PO Box 1367
CH-8021 Zurich
Switzerland

T: +41 44 387 8070

F: +41 44 387 8079

Email Us

Nordics
USTAXFS / MAJATTORNEY
Norra Skeppsbron 5B
SE 803 10, GAVLE
Sweden

T: +46 26 18 82 22

M: +46 70 61 88 016

Email Us

Read Services in :EnglishFrenchItalianGerman