U.S. borrowers are preparing for student loan repayments to resume with the first installment due in October. Mitlin Financial Founder Lawrence Sprung sits down with Yahoo Finance’s Rachelle Akuffo to provide saving strategies and insights on how to finance around their debt while staying afloat.
WASHINGTON — The IRS announced on Friday it is launching an effort to aggressively pursue 1,600 millionaires and 75 large business partnerships that owe hundreds of millions of dollars in past due taxes. IRS Commissioner Daniel Werfel said that with a boost in federal funding and the help of artificial intelligence tools, the agency has new means of targeting wealthy people who have “cut corners" on their taxes.
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