The annual tax gap, the difference between total taxes owed and taxes paid, grew by almost 11% to $381 billion compared to a revised version of the IRS’s last estimate.
IRS officials on a Sept. 26 call with reporters said that the primary reason for the increase was the improving economy coming out of the recession during the late 2000s and early 2010s. The new tax gap estimate covers years 2011 through 2013.
The last time the IRS released a tax gap estimate was more than three years ago.
The latest tax gap estimate translates to about 83.6% of ...
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