Tax Crackdown: Wealthy Americans Face Harsh Penalties Under New IRS Rule
The IRS announced it’s targeting high-income earners who have failed to file tax returns. Americans seem to be both excited by the prospect of a fair tax system and nervous that the crack-down will hurt their future filings. The new initiative is a mixed bag for taxpayers. IRS Closes Major Loophole Image Credit: Shutterstock / … Read more