By Tom Ozimek Bolstered by a $60 billion cash infusion, the Internal Revenue Service (IRS) has ramped up its enforcement activities in order to boost tax revenues, with the tax agency focusing its compliance efforts on several categories of taxpayers. In September, the IRS announced a “sea change” in every aspect of its operations—including a […]
Tag: Taxpayer
A taxpayer may be an individual or business entity that is obligated to pay taxes to a federal, state, or local government. Taxes from both individuals and businesses are a primary source of revenue for governments.