In 2021, the difference between what U.S. taxpayers owed the federal government and what they paid hit nearly $700 billion. This “tax gap” has been growing for years while the Internal Revenue Service’s budget has shrunk, declining by 18% between 2010 and 2021. The audit rate for millionaires fell by more than 70% in roughly that same period.
Mapping the maze where the IRS could find billions in unpaid taxes
The Owl Picks
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The Dominican Republic is not just about stunning beaches; it’s full of unique places that reveal the country from a completely different perspective. If you’re staying in Punta Cana, you can easily turn your vacation [...]
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