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Taxation & Estate Planning

: TaxProf Blog

IRS Not Pursuing 18% of Taxpayers Who Owe >$1m in Taxes

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The Treasury Inspector General for Tax Administration has released a report, Collection Actions Could Be Accelerated on Some Large Dollar Balance Due Accounts (2009-30-090): On December 22, 2007, there were 2,454 individual taxpayers in the IRS? potentially collectible inventory who each owed more than $1 million in taxes, penalties, and...

Full post as published by TaxProf Blog on July 11, 2009 (boomark / email).

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