IRS updates tax gap projections for 2020, 2021; projected annual gap rises to $688 billion

IRS updates tax gap projections for 2020, 2021; projected annual gap rises to $688 billion

IR-2023-187, Oct. 12, 2023 WASHINGTON — The Internal Revenue Service today released new tax gap projections for tax years 2020 and 2021 showing the projected gross tax gap increased to $688 billion in tax year 2021, a significant jump from previous estimates. Read More 

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