One case involved an alleged tax cheat who spent $502,000 on gambling, the IRS says.
The IRS says its tougher tax enforcement is already paying off and that the agency is making more high-end tax cheats pay up.
“The funds that we’ve collected should give you a fairly good idea of how much money is on the table for us,” Werfel told reporters, highlighting how the IRS is using money from the Inflation Reduction Act. Another case involved a person who skimmed more than $670,000 from a business by filing a false tax return. The individual allegedly spent $502,000 on gambling, the IRS said.
The alerts to subsidiaries are meant “to remind them of their U.S. tax obligations and to incentivize taxpayer self-correction,” Werfel said.
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