Thursday, March 22, 2007

Ok, so there is this $300 billion tax gap and IRS just had a meeting on the hill to discuss this. I have attached a rather boring article about these proceedings.

Basically, the IRS is desperate to close this gap = more audits. Also, it appears that they are under-staffed and plan to continue using third party collection agencies to force tax payers to pay up their due to the government.

This makes me shudder.

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