The IRS will take action against 125,000 high-income taxpayers who did not file taxes from 2017 to 2021.
Starting this week, the IRS will be sending tax compliance letters to more than 125,000 taxpayers. Notices will be sent to approximately 25,000 taxpayers with income over $1 million.
Taxpayers with incomes between $400,000 and $1 million will also receive notices. The plan is to send between 20,000 and 40,000 emails every week.
Thus, the agency plans to receive a certain amount, but it is not yet known.