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Tax Gap Close to $1 Trillion

IRS Commissioner Charles Rettig told members of the House Committee on Oversight and Reform’s Government Operations Subcommittee that the gap between taxes owed and taxes collected by the Internal Revenue Service could be approaching $1 trillion! (Yes, that is TRILLION with a “T”!)   During an April 21, 2022, hearing of the subcommittee, Rettig noted updated tax …

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