IRS turns back to tax enforcement: ‘There’s a lot of money that’s not being paid’




Yahoo Finance Daily show

Summary: In March, the IRS laid out a range of ways it would ease the burden on taxpayers who were financially shaken by the coronavirus and ensuing shutdowns and job losses. One such measure was a move to “generally not start” new audits for a few months. Now that self-imposed restriction is over. July 15 – the delayed tax day – is also the day the agency appears set to restart some tax enforcement measures in earnest.