Posts Tagged ‘IRS tax deficit’

Lawmakers Pressure the IRS to Strengthen Collection Efforts to Close the Yearly $345 Billion Tax Gap

Thursday, July 23rd, 2009

As part of recent efforts to collect unpaid taxes, the Senate Finance Committee has held a confirmation hearing on July 14 to consider the nomination of William Wilkins to be IRS Chief Counsel. Wilkins is expected to spearhead IRS efforts to close the $345 billion a year tax gap.
In this recession, the government feels more hard-pressed than ever to collect unpaid tax revenue in order to fund economically beneficial projects
[Read More]