{"id":84621,"date":"2021-06-07t12:00:14","date_gmt":"2021-06-07t16:00:14","guid":{"rendered":"\/\/www.g005e.com\/?p=84621"},"modified":"2022-12-22t00:42:56","modified_gmt":"2022-12-22t05:42:56","slug":"grappling-with-the-tax-gap","status":"publish","type":"post","link":"\/\/www.g005e.com\/2021\/06\/07\/grappling-with-the-tax-gap\/","title":{"rendered":"seven trillion reasons to pay attention"},"content":{"rendered":"

\"\"<\/a>how closing the $7-trillion tax gap could impact the tax prep business.<\/strong><\/p>\n

by 卡塔尔世界杯常规比赛时间<\/em><\/p>\n

president biden is proposing some big \u2013 and some would say long overdue \u2013 spending on infrastructure and programs to help lift americans out of the pandemic recession. he can\u2019t raise taxes \u2013 that\u2019s congress\u2019s purview \u2013 but collecting taxes falls within the obligations of the executive branch.<\/p>\n

more: <\/b>wealthiest taxpayers cheat irs out of $400 billion a year<\/a> | 173% increase in irs correspondence backlog<\/a> | hunker down: the irs backlog isn\u2019t going away anytime soon<\/a> | the irs studebaker bomb<\/a> | imagine irs \u2018concierge\u2019 service. just imagine.<\/a> | irs has recruiting problems, too<\/a>
\n\"goprocpa.com\"exclusively for pro members. <\/span><\/strong>log in here<\/a> or 2022世界杯足球排名 today<\/a>.<\/span><\/p><\/blockquote>\n

and the executive branch smells potential.
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\nbiden is also proposing an increase to the irs budget along with a set of tax compliance measures. the measures aim to increase tax revenue by closing the \u201ctax gap\u201d \u2013 the difference between taxes owed and taxes actually paid. the u.s. treasury estimates there was $584 billion in that gap in 2019, and it could add up to a total of $7 trillion over the course of the next decade.<\/p>\n

dramatic effect on tax prep<\/strong><\/p>\n

the measures will have a dramatic effect on tax preparation. cpas and tax preparers will have to be aware of several consequences of biden\u2019s proposal.<\/p>\n