Treasury recovers $1.3 billion in unpaid taxes from high-wealth tax dodgers:
The IRS has collected $1.3 billion from high-wealth tax dodgers since last fall ...
apnews.com/article/irs-treasury-tax-wealth-ira-2932f286c89b19b9ccecaaca2f4f2c2b
Quick Glance: IRS Recovers $1.3 Billion from Wealthy Tax Evaders
- The IRS has collected $1.3 billion from high-wealth tax evaders since last fall due to increased enforcement efforts.
- Treasury Secretary Janet Yellen highlighted that the top 1% of wealthy Americans owed over one-fifth of all unpaid taxes in 2019.
- Nearly 80% of the 1,600 millionaires targeted by the IRS have made payments, resulting in over $1.1 billion recovered.
- Additionally, the IRS launched a Direct File program for simple tax returns, leading to over $90 million in refunds.
News on this topic
WATCH: IRS has recovered $1.3 billion in unpaid taxes from wealthy tax dodgers, Yellen says
pbs.org/newshour/economy/watch-irs-has-recovered-1-3-billion-in-unpaid-taxes-from-wealthy-tax-dodgers-yellen-says
More articles on this subject
Previous
IRS nears deal with ICE to share addresses of suspected undocumented immigrants
washingtonpost.com/us-policy/2025/03/22/ice-irs-immigrants-deport/
IRS Layoffs Spark Delays, Doubt This Tax Season: Tax industry experts cite concerns as the IRS layoffs impact tax season.
kiplinger.com/taxes/irs-layoffs-spark-tax-season-delays-doubt
The New Republic Mar 24
Oscar-Winning Palestinian Director Kidnapped After Israeli Mob Attack: Hamdan Ballal, the co-director of the Oscar-award winning documentary “No Other Land ...
newrepublic.com/post/193110/oscar-winning-palestinian-director-hamdan-ballal-israeli-settler-attack
The fiscal hit from the IRS sharing immigration information: A formal acknowledgment of any information-sharing protocol would hit collections even more ...
axios.com/2025/03/25/ice-irs-undocumented-immigrants-taxes
Tax revenue could drop by 10 percent amid turmoil at IRS
washingtonpost.com/business/2025/03/22/irs-tax-revenue-loss-federal-budget/
The New Republic Mar 24
IRS Braces for Huge Revenue Hit Thanks to Elon Musk’s DOGE : All of DOGE’s supposed savings are about to cost the U.S. a lot of money.
newrepublic.com/post/193093/irs-revenue-elon-musk-doge-cuts
IRS braces for $500bn drop in revenue as taxpayers skip filings in wake of DOGE cuts at agency
independent.co.uk/news/world/americas/us-politics/irs-doge-cuts-tax-filing-b2719911.html
IRS and ICE reportedly nearing agreement to share taxpayer info for deportations: The IRS is reportedly nearing an agreement to begin sharing tax data with ...
scrippsnews.com/politics/immigration/irs-and-ice-reportedly-nearing-agreement-to-share-taxpayer-info-for-deportations
IRS close to finalizing data-sharing agreement with ICE, sources say: The IRS would be able to check names against its confidential databases.
abcnews.go.com/Politics/irs-close-finalizing-data-sharing-agreement-ice-sources/story
IRS agents who investigated Hunter Biden given promotions at the Treasury Department
twincities.com/2025/03/18/irs-whistleblowers/
Quick Glance: IRS Whistleblowers Promoted After Retaliation
- IRS whistleblowers Gary Shapley and Joe Ziegler have been promoted to leadership roles at the Treasury Department following their investigation into Hunter Biden's tax crimes.
- After facing two years of retaliation for exposing political interference, they will serve as senior advisers to the Treasury Secretary, guiding reforms at the IRS.
- Senator Chuck Grassley praised their bravery and the importance of whistleblower protections in promoting transparency and accountability within the IRS.
- Shapley and Ziegler had previously reported obstruction by the DOJ and other IRS executives, leading to an official complaint regarding retaliation.
Tax Cheats Could Prosper Under Trump, IRS Experts Say: The IRS could lose 10 percent of its revenue ($500 billion) because taxpayers and businesses think the ...
rollingstone.com/politics/politics-news/tax-cheats-trump-irs-1235301645/
IRS Chief Counsel Pushed Out After Reported Clash With DOGE Over Taxpayer Data: Acting chief counsel William Paul has been reportedly demoted because he refused ...
forbes.com/sites/kellyphillipserb/2025/03/13/irs-chief-counsel-pushed-out-after-reported-clash-with-doge-over-taxpayer-data/
IRS, ICE Near Deal to Share Confidential Tax Data on Undocumented Immigrants: "No undocumented will trust the IRS ever again, and so they'll stop paying ...
commondreams.org/news/undocumented-immigrants-taxes
Trump’s Mass IRS Filings a “Fraud,” Warned Top Agency Lawyer: The Trump administration cited “performance” failures to justify its mass firing of IRS workers ...
propublica.org/article/trump-irs-firings-doge-fraud-law-job-performance
The IRS plan to expose data on undocumented workers threatens nearly $100 billion in tax collections
fortune.com/2025/03/27/irs-ice-data-sharing-threatens-100-billion-tax-collections-undocumented-workers/
Paid articlePaywall
WaPo: IRS Could Soon Release Personal Data of Immigrant Taxpayers to DHS: In other immigration news, The Washington Post is reporting the IRS is close to ...
democracynow.org/2025/3/24/headlines/wapo_irs_could_soon_release_personal_data_of_immigrant_taxpayers_to_dhs
IRS Nears Deal to Share Data for Immigration Enforcement: ICE would be able to ask if names and addresses match tax records
wsj.com/politics/policy/irs-nears-deal-to-share-data-for-immigration-enforcement-df60eaad
Paid articlePaywall
Trump DOGE executive claims $1.5 billion savings from IRS technology budget: The tech startup executive charged by the Trump administration with reviewing the ...
reuters.com/world/us/trump-doge-executive-claims-15-billion-savings-irs-technology-budget-2025-03-21/
Leaked IRS Email Reveals Extreme Pressure: 'Overwhelming': Federal workers have faced increased scrutiny since Donald Trump took office, with DOGE overseeing a ...
newsweek.com/federal-workers-laid-off-jobs-irs-trump-doge-pressure-suicide-2047040
ICE Could Use IRS Data to Track Undocumented Immigrants: A Department of Homeland Security spokesperson told Newsweek, "We cannot confirm this at the time."
newsweek.com/irs-ice-data-track-immigrants-trump-2049552
Kaduna leads the North in IGR—KADIRS: As a validation of the reforms in the revenue sector of the state under Governor Uba Sani, in 2023 and 2024 ...
premiumtimesng.com/promoted/782838-kaduna-leads-the-north-in-igr-kadirs.html
The New Republic Mar 24
Judge Absolutely Destroys Trump Lawyers’ Deportation Defense: Judge Patricia Millett was not having the Department of Justice’s excuse for using the Alien ...
newrepublic.com/post/193106/judge-donald-trump-lawyers-deportation-defense
Many Americans hesitant to file taxes amid IRS workforce cuts, survey finds: Recent DOGE cuts at the IRS are prompting many Americans to reconsider filing their ...
scrippsnews.com/life/money/many-americans-hesitant-to-file-taxes-amid-irs-workforce-cuts-survey-finds
The IRS could collect $500 billion less in tax revenue, report says, and the U.S. may run out of cash in a few months without a debt-ceiling hike
fortune.com/2025/03/24/irs-tax-revenue-500-billion-cash-x-date-debt-ceiling-default-deadline/
Paid articlePaywallTrump’s job cuts are forcing the IRS to cancel several large audits, which could result in tens of billions in lost revenue for the government
fortune.com/2025/03/18/irs-audits-trump-job-cuts-lost-revenue/
Paid articlePaywall
‘‘Delete’ is one of their favorite terms’: Inside DOGE’s IRS takeover ahead of tax season
cnn.com/2025/03/15/politics/doge-irs-takeover-irs-tax-season/
IRS whistleblowers who investigated Hunter Biden promoted at Treasury Department: Treasury Secretary Scott Bessent is bringing a pair of IRS whistleblowers who ...
foxbusiness.com/politics/irs-whistleblowers-who-investigated-hunter-biden-promoted-treasury-department
Tax revenue collected by the IRS set to plummet, report says: IRS officials are expecting tax revenue to drop by more than 10% by April 15 ...
cnbc.com/2025/03/24/tax-revenue-collected-by-the-irs-set-to-plummet-report-says.html
What Happens If You Don't Claim $1,400 Stimulus Check by April 15?: Up to a million Americans could lose their stimulus checks if they don't file by April ...
newsweek.com/claim-stimulus-check-deadline-date-2048772
You could be eligible for a $1,400 IRS stimulus check: How to check if you qualify
usatoday.com/story/money/2025/03/19/irs-stimulus-checks-2025/82538493007/
Raid 2 poster: Ajay Devgn means business as IRS officer Amay Patnaik in sequel to hit film
wionews.com/entertainment/raid-2-poster-ajay-devgn-means-business-as-irs-officer-amay-patnaik-in-sequel-to-hit-film-8888548
Trump admin live updates: Trump signs funding bill to avert shutdown: The bill was crafted by GOP leaders and backed by Trump.
abcnews.go.com/Politics/live-updates/trump-2nd-term-live-updates-trump-defends-tariff/
EV buyers who missed out on their tax credits now have a fix from the IRS: Some car owners couldn't claim the EV tax credit for vehicles purchased in 2024 ...
npr.org/2025/03/26/nx-s1-5341550/irs-ev-ta-credit-2024-solution
DOGE set to hamstring IRS: With tax season in full swing, the Internal Revenue Service is being severely hampered by cutting staff.
accountingtoday.com/news/doge-set-to-hamstring-irs-during-tax-season
Congress must act by August to prevent debt default, CBO warns: The Congressional Budget Office estimates that the federal government could default on its debt ...
thehill.com/business/budget/5214759-congress-must-act-by-august-to-prevent-debt-default-cbo-warns/
IRS Finalizing Deal With ICE to Share Data on Undocumented Immigrants: The agreement would help with President Donald Trump’s broader deportation efforts.
thedailybeast.com/irs-finalizing-deal-with-ice-to-share-data-on-undocumented-immigrants/
Paid articlePaywall
Trump admin. replaces IRS' top lawyer amid pushback on taxpayer information - UPI.com
upi.com/Top_News/US/2025/03/13/trump-demotes-top-irs-lawyer/7591741924200/
IRS still owes $1 billion to Americans from 2021: How to claim your funds: Over 1 million Americans could be owed money from the IRS from tax year 2021 ...
scrippsnews.com/life/money/irs-still-owes-1-billion-to-americans-from-2021-how-to-claim-your-funds
IRS Statistics Show Dip In Taxpayer Filings For Seventh Straight Week: IRS data shows another dip in filings—a trend that hasn’t changed since the beginning of ...
forbes.com/sites/kellyphillipserb/2025/03/26/irs-statistics-show-dip-in-taxpayer-filings-for-seventh-straight-week/
Wealth tax would be almost impossible to implement, leading economist warns: ‘No country in the world has ever successfully had a wealth tax’ ...
independent.co.uk/news/uk/politics/wealth-tax-paul-johnson-ifs-b2720682.html
IRS Retreats From Some Audits as Agency Slashes Workforce: Officials put faith in shift to technology, but others see dangers in cutting thousands of jobs
wsj.com/politics/policy/internal-revenue-service-doge-taxes-f00ac956
Paid articlePaywall Senate DOGE Caucus chair wants improved tech from IRS to help those starting a business
foxbusiness.com/politics/senate-doge-caucus-chair-wants-improved-tech-from-irs-help-those-starting-business
IRS layoffs and lease terminations, including the closing of the Franklin office, could impact this tax season
newschannel5.com/news/irs-layoffs-and-lease-terminations-including-the-closing-of-the-franklin-office-could-impact-this-tax-season
The IRS Is in Disarray. Here’s How to Avoid an Audit.: Despite staffing cuts, the IRS is still looking for scofflaws. Red flags may include failing to report ...
barrons.com/articles/irs-avoid-an-audit-47d169a1
Paid articlePaywallIRS Releases—And Debunks—Five Tax Myths About Getting Your Tax Refund: IRS says to check the status of your refund on Where’s My Refund?, the IRS2Go app ...
forbes.com/sites/robertwood/2025/03/17/irs-releases-and-debunks-five-tax-myths-about-getting-your-tax-refund/
A government program made tax filing free and more efficient. Musk and DOGE may get rid of it anyway
twincities.com/2025/03/13/irs-direct-file-doge-fate/
Big Four accountants attack IRS over ‘capricious’ US tax treatment of Coca-Cola: Deloitte, PwC and KPMG filing in potential $18bn case warns of ‘erosion of ...
ft.com/content/2e3070a5-ad8d-4962-9811-e257cd94911e
Would a wealth tax work?: Like a hungry passenger on an early Ryanair flight, Rachel Reeves has just been served a deeply unpleasant breakfast and she’s going to ...
newstatesman.com/politics/economy/2025/03/would-a-wealth-tax-work
US administration weighs travel ban on dozens of nations: The Trump administration is considering issuing sweeping travel restrictions for the citizens of dozens ...
rte.ie/news/us/2025/0315/1502238-trump-administration/
Quick Glance: Travel Restrictions and Layoffs Under Trump Administration
- The Trump administration is considering broad travel restrictions for citizens of 41 countries, aiming for a full visa suspension for ten nations, including Afghanistan and Iran.
- Five additional countries would face partial visa suspensions, while 26 countries may experience a partial suspension of US visa issuance under certain conditions.
- The administration is also moving forward with plans for mass layoffs, threatening over 100,000 federal positions, while courts have ordered the reinstatement of some dismissed employees.
- The IRS is set to cut 20% to 25% of its workforce by May 15, potentially resulting in up to 25,000 job losses.
Former Treasury Secretary Janet Yellen to join global advisory board for bond giant Pimco
cnbc.com/2025/03/26/former-treasury-secretary-janet-yellen-to-join-global-advisory-board-for-bond-giant-pimco.html
Trump administration plans 25 percent staff cut at IRS taxpayer help office
washingtonpost.com/business/2025/03/17/irs-staff-cuts-taxpayer-advocate-service/
From Bob Jones to Columbia University and DEI: To cement his campus civil-rights legacy, Trump should enlist the most fearsome agency: the IRS.
wsj.com/opinion/from-bob-jones-to-columbia-university-trump-can-use-irs-to-solidify-his-civil-rights-record-eccdd0d8
Paid articlePaywall
'Child poverty will increase for first time under Labour and it's paving way for Reform', Corbyn warns Starmer
news.sky.com/story/child-poverty-will-increase-for-first-time-under-labour-and-its-paving-way-for-reform-corbyn-warns-starmer-13336683
The New Republic Mar 13
Trump Rewrites History to Help Vladimir Putin: According to Donald Trump, Vladimir Putin never did anything bad, ever.
newrepublic.com/post/192727/donald-trump-rewrites-history-vladimir-putin
Government Shutdown Possible Tomorrow: How Your Taxes Might Suffer: The House passed a measure to keep the government funded, but the shutdown threat is still ...
cnet.com/personal-finance/taxes/government-shutdown-possible-tomorrow-how-your-taxes-might-suffer/
Use Venmo, PayPal? Why you're being sent a 1099-K this tax season: If you're receiving payments on platforms like Venmo or PayPal, you'll likely get 1099-Ks at ...
usatoday.com/story/money/taxes/2025/03/18/1099k-venmo-paypal-payments-tax-irs/82232780007/
Senate likely to send repeal of IRS DeFi broker rule to White House: The move fits into the current administration's larger goal of making the U.S ...
axios.com/2025/03/25/senate-irs-broker-rule-senate
Americans' tax refunds larger than last year so far: IRS: The Internal Revenue Service (IRS) released data showing that the average tax refund check sent to ...
foxbusiness.com/economy/americans-tax-refunds-larger-than-last-year-so-far-irs
Why IRS upheaval has not slowed tax season: The Internal Revenue Service has been in a state of turmoil ever since members of the Department of Government ...
cnn.com/2025/03/16/business/tax-filing-irs-calls-refunds/
Top IRS lawyer pushed aside as DOGE seeks records and 20% staff cuts
washingtonpost.com/business/2025/03/13/musk-doge-irs-trump/
Federal lease cancellations could have big impact on office market in Phoenix: If all the Valley lease cancellations — for about 470,000-square-foot of space ...
azcentral.com/story/news/politics/arizona/2025/03/18/federal-lease-cancellations-could-impact-phoenix-office-market/82419595007/
IRS Warns of Tax Scam Targeting Older People: Tax scams tend to increase in frequency during the annual filing season, with people aged 65 and over often favored ...
newsweek.com/irs-tax-scam-targeting-older-people-2049540
Will DOGE close more federal offices in Iowa? These 7 leases are being terminated.
desmoinesregister.com/story/news/politics/2025/03/18/doge-savings-leases-terminated-federal-buildings-iowa-elon-musk-irs-department-of-labor/82409072007/
Treasury Department to cut IRS taxpayer advocate staff : The Trump administration is intending to make cuts to the office of the National Taxpayer Advocate (NTA) ...
thehill.com/business/5201403-treasury-to-cut-irs-taxpayer-advocate-staff/
Tax season is a prime time for scams. IRS uncertainty could add to the issues.: There’s a lot of information (and money) on the table during tax season
abcnews.go.com/Business/wireStory/tax-season-prime-time-scams-irs-uncertainty-add-120101265
Deadline approaches for claiming $1,400 stimulus check from 2021: The deadline is approaching for the more than 1.1 million Americans who have yet to claim their ...
thehill.com/business/5202309-deadline-1400-stimulus-check/
Big problem emerges in IRS return-to-office mandate: Not enough desks: The Internal Revenue Service ordered customer service employees back to the office ...
usatoday.com/story/money/2025/03/12/irs-pauses-rto-order-tax-customer-service-layoffs/82310948007/
IRS staff cuts mean less scrutiny for ultra-wealthy, officials warn: IRS staff cuts mean less scrutiny for ultra-wealthy, officials warn.
wapo.st/4iEZaEA
Tax Breaks: The Government Lights Remain On For Now Edition: Plus: Budget news, more shakeups at IRS, increased financial scrutiny from the government ...
forbes.com/sites/kellyphillipserb/2025/03/15/tax-breaks-the-government-lights-remain-on-for-now-edition/
Government May Shut Down This Week: Will You Still Have to Pay Taxes?: Congress has until the end of this week to avert a government shutdown that could cause ...
cnet.com/personal-finance/taxes/government-may-shut-down-this-week-will-you-still-have-to-pay-taxes/
3 more Kentucky federal offices land on DOGE list of lease terminations: The Department of Government Efficiency's website shows another round of offices in ...
courier-journal.com/story/news/politics/2025/03/14/3-additional-ky-offices-added-to-doge-wall-of-receipts/82415914007/
People love the IRS’s free tax filing website. Its future is unclear.: Elon Musk wants great government technology. It already exists with IRS Direct File.
washingtonpost.com/technology/2025/03/14/irs-direct-file-doge-musk-free-tax-filing/
MSNBC.com Mar 26
Trump, Musk, and Congress are courting a major financial crisis: The IRS may have less revenue because of Elon Musk's cuts as fewer audits go out ...
msnbc.com/opinion/msnbc-opinion/doge-irs-cuts-debt-ceiling-deadline-rcna197984
upnorthlive.com Mar 24
IRS nears deal with Homeland Security to aid in locating undocumented migrants: This potential collaboration marks a significant shift for the tax agency.
upnorthlive.com/news/nation-world/irs-nears-deal-with-dhs-to-aid-in-locating-undocumented-migrants
Reductions in force: A look at which agencies are affected by DOGE-led job cuts: The deep cuts across federal agencies since Donald Trump’s return to the White ...
independent.co.uk/news/donald-trump-washington-department-of-veterans-affairs-national-oceanic-and-atmospheric-administration-white-house-b2713876.html
Hundreds of federal offices could begin closing this summer at DOGE's behest, internal records show
independent.co.uk/news/doge-elon-musk-general-services-administration-irs-landlords-b2714946.html
Top lawyer at IRS removed amid DOGE push for taxpayer information: Sources: It came after an internal debate over sharing confidential taxpayer information.
abcnews.go.com/Politics/top-lawyer-irs-removed-amid-doge-push-taxpayer/story
Good morning Britain – prepare to be told yet again that decline is all you deserve
theguardian.com/commentisfree/2025/mar/26/britain-decline-labour-groundhog-day
Labour minister opens door to wealth tax: Emma Reynolds’s comments come as Sir Keir Starmer faces the biggest rebellion of his premiership over sweeping welfare ...
telegraph.co.uk/politics/2025/03/17/labour-minister-opens-door-to-wealth-tax/
Next