Tax Gap
An increasing amount of attention, and government enforcement, is being focused on tax information reporting as the United States Congress and the federal administration seek ways to close the "tax gap" of over $300 billion dollars annually that would be collected by the federal government if all income were reported by U.S. individuals and businesses.
Read more about this topic: Tax Information Reporting
Famous quotes containing the words tax and/or gap:
“I come into the peace of wild things
who do not tax their lives with forethought
of grief.”
—Wendell Berry (b. 1934)
“The theatre is the best way of showing the gap between what is said and what is seen to be done, and that is why, ragged and gap-toothed as it is, it has still a far healthier potential than some poorer, abandoned arts.”
—David Hare (b. 1947)