The Internal Revenue Service says it collected $482 million from wealthy tax cheats last year, in a continuing effort to step up their enforcement.

The IRS released their year-end progress report this month, saying they will continue to audit large corporations, high-income individuals, and complex partnerships who are not paying their fair share of U.S. taxes.

The agency says it pursued 1,600 millionaires to recoup the overdue tax payments and will not stop now.

"The IRS continues to increase scrutiny on high-income taxpayers as we work to reverse the historic low audit rates that the wealthiest individuals and organizations faced," said IRS Commissioner Danny Werfel, referring to previous White House administrations.

"We are adding staff and technology to ensure that the taxpayers with the highest income, including partnerships, large corporations and millionaires and billionaires, pay what is legally owed under federal law," Werfel said.

Some examples include:

The Inflation Reduction Act passed in 2022 by the White House and Congress provided the additional money that paid for more IRS agents to do these audits on the wealthiest tax defrauders, and the agency says it is making a difference for law-abiding taxpayers.

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"As the initiatives to improve compliance increase, the IRS continues its work to improve customer service and modernize core technology infrastructure.

"We focused on improving our taxpayer service for hard-working taxpayers, offering them more in-person and online resources in 2024."

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