IRS Moves to Reduce Tax Evasion

Starting in October, hundreds of Americans will be getting “Dear Taxpayer” letters telling them they’ve been selected for a special audit by the Internal Revenue Service.

The 13,000 chosen at random this year — and similar numbers in subsequent years — are part of the tax agency’s National Research Program, which is designed to give the IRS a better understanding of how accurately income and deductions are reported and to reduce the so-called tax gap.

“…the greatest problem, responsible for about 80 percent of the tax gap, comes from underreporting.”

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IRS Moves to Reduce Tax Evasion

October 16, 2007 | Filed Under tax evasion