The IRS launched a major enforcement initiative targeting high-income non-filers, complex partnerships, and digital asset transactions, backed by expanded funding from the Inflation Reduction Act.
The agency is sending compliance letters to thousands of taxpayers with incomes above $400,000 who haven't filed returns. Automated tools are improving at matching third-party reports to filings.
Taxpayers with uncertain positions should consider voluntary disclosure or consulting a tax attorney, as civil and criminal penalties escalate significantly once IRS contact occurs.
