By cracking down on millionaires, IRS collects $160M in back taxes ...Middle East

The agency’s effort to ramp up enforcement aims to narrow what’s known as the “tax gap,” the difference between the amount owed and the amount actually collected on time by the IRS. The most recent estimate shows that $688 billion was not collected during tax year 2021.

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Last updated : 21 October 2023 clock 03:24 AM

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By cracking down on millionaires, IRS collects $160M in back taxes ...Middle East

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