Earlier this month, the IRS announced a new focus on squeezing "high-income earners" as part of a "historic effort to restore fairness in tax compliance." I'm not inclined to put the word "fairness" or any other positive sentiments in proximity to "tax compliance," however the announcement aligns with a Biden administration vow to target those making more than $400,000 per year. But according to the tax inspector general, the IRS's cutoff for "high-income" is half that of the White House's, meaning the tax man's scrutiny is likely to sweep farther and wider than we've been told.
