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Wealth Tax › Audits › Inflation Reduction Act (IRA)

Rivkin Radler LLP

Tax Authorities of the World Unite? Not Quite, But the IRS Joins the Movement to Tax the Rich

Rivkin Radler LLP on

Earlier this year, the OECD observed there has been a significant increase in global wealth inequality over the last two decades. It also acknowledged that “taxation is a key instrument . . . that governments have at their...more

Farella Braun + Martel LLP

IRS Moves to Target Wealthy Taxpayers in Historic Compliance Drive

Farella Braun + Martel LLP on

This month, the IRS announced that it is using the long-term funding approved by Congress through the Inflation Reduction Act of 2022 to shift its attention to wealthy taxpayers in an effort to “identify sophisticated schemes...more

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