🚨 Tax Update Alert: The IRS has initiated a new crackdown on high-income individuals who haven't filed their federal income tax returns. With a focus on cases since 2017, over 125,000 compliance letters are being sent out. This effort targets those who have missed filing returns and owe taxes, including more than 25,000 taxpayers with incomes over $1 million, and an additional 100,000 individuals earning between $400,000 and $1 million from 2017 to 2021.
Funded by the Inflation Reduction Act, this initiative aims to ensure tax compliance among high earners. If you're among those who've received a compliance letter or have unfiled returns and owe significant IRS debt, don't navigate these challenges alone. Tax Resolution 1st specializes in assisting with back tax problems and IRS debts over $100,000. Contact us to get expert help today and take control of your tax situation.
