Treasury Secretary Janet Yellen will warn that the use of AI in finance could lower transaction costs, but carries “significant risks.”
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Tag: Internal Revenue Service
US IRS says it will pursue high-income earners who failed to file tax returns
The IRS said it will go after high-income earners who have failed to file tax returns in 125,000 cases since 2017.
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IRS Halts Surprise Visits To Taxpayers’ Homes And Businesses Over Safety Concerns
The Internal Revenue Service (IRS) announced on Monday that the agency will dramatically restrict the number of unannounced inspections of homes and businesses, citing safety concerns for its personnel as well as the possibility of scammers posing as agency officials.
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Republican sounds alarm on IRS spending millions on weapons and tactical gear
Representative Stephanie Bice has demanded a full accounting from the Internal Revenue Service, saying that the nearly $10 million spent by the agency on weapons and tactical gear since 2020 is “concerning.”
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20 armed IRS agents raid gun store, seize purchase records
Armed Internal Revenue Service (IRS) and Bureau of Alcohol, Tobacco, Firearms and Explosive (ATF) agents raided a gun store in Great Falls, Montana seizing all forms that hold buyer’s information during firearm transactions.
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DeSantis would abolish ‘corrupt’ IRS
Florida Governor Ron DeSantis said that he would abolish the “corrupt” Internal Revenue Service if he was to be elected President in 2024.
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