01
Nov
IRS updates tax gap estimates; new data points the way toward enhancing taxpayer service, compliance efforts
The Internal Revenue Service today released a new set of tax gap estimates on tax years 2014 through 2016 showing the estimated gross tax gap increased to $496 billion, a rise of over $58 billion from the prior estimate. The gross tax gap is the difference between estimated ‘true’ tax liability for a given period...Read More