Closing the Tax Gap Could Pay Back $700 Billion Bailout in 2 Years
Closing the $345 billion tax gap could help us cope with the proposed $700 billion bailout without costing Americans another dime. The last time the IRS estimated the tax gap was in 2001, and most tax experts agree that today’s figure is much greater, despite the agency’s push to increase tax compliance. Even though the IRS has spent several years aggressively taking action against tax cheats and tax promoters, what we are seeing today is a growing tax gap and even more Americans than ever facing audits and intrusive, and sometimes illegal, collection tactics by the IRS.
It’s clear that IRS officials have been given their marching orders to be more aggressive with tax payers. Due to the budget deficit caused by the present administration and the war in Iraq, it is only inevitable that more taxpayers will be audited.
However, if you are looking to resolve your IRS tax problems, you should know that there are ways to work with the IRS. But it is critical that you know your rights are and how to negotiate your settlement. Because dealing with the IRS can be so complicated and frustrated, I strongly recommend that you hire a professional to be your advocate who will fight for you and represent your best interests.
**If you owe back taxes or are in trouble with the IRS, our specialized staff of tax attorneys, CPAs, EAs and tax professionals can help. Visit the Tax Resolution Services web site for a free tax relief consultation or call us at 866-477-7762.
More Tax Help, IRS News and Tax Relief Tips:
- IRS Asserts Position on Tax Protesters: Sanctions Imposed for Advancing and Maintaining a Frivolous Argument
- Is there a Double Standard for Delinquent Taxpayers and Tax Cheats That Favors Powerful Individuals?
- Obama Proposes Doubling Tax Law Enforcement Budget and Seeks $400 Million Funding Boost for IRS Enforcement Activities
- We’ve Expanded to Help More Taxpayers Resolve Their IRS Tax Problems!
- Melt Your IRS Fears Away - Tax Help if You Can’t Afford to Pay Your 2008 Taxes
Tags: Back Taxes, delinquent taxes, government bailout, IRS help, IRS problem solver, IRS tax problems, Michael Rozbruch, tax attorney, tax cheats, tax evasion, tax expert, tax gap, tax help, tax promoters, tax relief, tax resolution, tax resolution expert, tax resolution services, unfiled tax returns
January 8th, 2009 at 3:23 pm
[...] down the non-filers, tax cheats and the people who owe back taxes to increase revenue and close the growing tax gap. And it’s only going to get [...]
February 27th, 2009 at 12:19 pm
[...] to funding deficit-reduction activities, the federal government is looking at ways to close the tax gap by taking a closer look at employment tax [...]
March 25th, 2009 at 4:49 pm
[...] blogged before about how closing the tax gap could help fund deficit reduction activities. And the White House is definitely searching for new [...]
March 31st, 2009 at 9:48 am
[...] study of
April 4th, 2009 at 12:42 pm
[...] attempts to close the tax gap, the IRS is increasing tax compliance and aggressively