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Accounting Today reported on Friday: The estimated gross U.S. tax gap increased to $496 billion annually for tax years 2014 through 2016, a rise of over $58 billion from the prior estimate — and the Internal Revenue Service estimates the gross tax gap will rise to $540 billion for 2017-2019. “The increase in the tax […]
In case you haven’t heard, IRS Commissioner Charles Rettig will be leaving the agency in three weeks and his replacement has not yet been found, leaving a leadership void. The Wall Street Journal wrote about it yesterday: With less than three weeks left in Charles Rettig’s term as Internal Revenue Service commissioner, President Biden hasn’t […]
