Tax gap rises as IRS finds amount of unpaid taxes is increasing

IRS: Gap will grow between income taxes owed, paid

Ensuring that people actually pay their taxes is one of the tax collection agency's biggest challenges.

IRS: Growing gap between income taxes owed and paid

WASHINGTON (AP) — The amount of income tax money owed but not paid to the IRS is projected to grow, the agency said Friday.For tax years 2014 through 2016, the estimated gross “tax gap” rose to $496 billion a year, an increase of more than $58 billion from prior estimates. IRS data released Friday projects that for 2017 to 2019, the estimated average gross tax gap will be $540 billion per year.Ensuring that people actually pay their taxes is one…

IRS has been missing out on $500 billion in taxes owed annually — and the gap between what’s owed and paid is projected to widen

From 2014 to 2016, taxpayers failed to pay an estimated $496 billion in owed taxes, the IRS said Friday.

Tax gap rises as IRS finds amount of unpaid taxes is increasing

The amount of taxes owed but not paid to the government is increasing, an IRS report released Friday has found. The shortfall, known as the “tax gap,” is measured every three years. The latest numbers show that it went up by $58 billion to $496 billion for the three-year period ending in 2016, from $438…

IRS: Growing gap between US income taxes owed and paid

WASHINGTON (AP) -- The amount of income tax money owed but not paid to the IRS is projected to grow, the agency said Friday. Read More

IRS: Growing gap between US income taxes owed and paid

WASHINGTON (AP) — The amount of income tax money owed but not paid to the IRS is projected to grow, the agency said Friday.