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Tag Archives: tax gap
A Tax Reform State of Mind
The tax code is complex and can create burdens for people and companies. And change does not come often. The last time the tax code was overhauled was in 1986. So what (if anything) should be done to reform it? … Continue reading
Blowing the Whistle on Underpaid Taxes (infographic)
Since 2011, whistleblowers have helped the IRS collect almost $2 billion in taxes that may have otherwise gone uncollected. This money helps reduce the estimated $450 billion tax gap—the difference between taxes owed and those paid on time. Moreover, qualifying … Continue reading
