Projected tax gap jumps to $688 billion for tax year 2021

Projected tax gap jumps to $688 billion for tax year 2021

The IRS said the increase in the projected tax gap is due to growth projected increases in nonfiling and underreporting of individual income tax, along with underreporting of self-employment tax.
Source: JOA News
Read More here – Projected tax gap jumps to 8 billion for tax year 2021