IRS Takes Record $4.9 Trillion in Taxes From Americans Amid Enforcement Crackdown

The IRS has collected a record-shattering $4.9 trillion dollars in tax revenue from Americans as it increasingly relies on tech like AI to boost collection.

The Internal Revenue Service (IRS) building in Washington on June 28, 2023. Madalina Vasiliu/The Epoch Times

The IRS raked in a record $4.9 trillion in taxes from Americans in the last fiscal year, due in large part to automated collections processes and aggressive audits that saw taxpayers hit with billions in additional taxes after examination.

The Treasury Inspector General for Tax Administration (TIGTA), the watchdog that oversees the IRS, revealed in a Dec. 20 report on tax compliance activities that the agency collected a record-breaking amount of money in fiscal year 2022 from American taxpayers.