The Internal Revenue Service (IRS) has announced that Americans did not pay an estimated $688 billion in taxes for their 2021 returns, marking the largest tax shortfall to date. The IRS plans to increase audits and enforcement measures to reduce this gap. This news comes as the IRS reveals that the tax gap for 2021 is expected to be $688 billion. The IRS has emphasized the need for stricter enforcement to address the issue. The tax agency has also stated that Americans owe $688 billion in unpaid taxes for the same period. This announcement follows the IRS's recent disclosure of a $688 billion tax gap in 2021. The IRS's efforts to close this gap are expected to be a major focus going forward.
IRS Announces $688 Billion Tax Gap In 2021 https://t.co/hQSm3Y6uV7
The IRS said Americans owe $688 billion in unpaid taxes https://t.co/xGrm3kr4rK
IRS Says Tax Gap For 2021 Expected To Be $688 Billion https://t.co/ADdKzAnkZV https://t.co/GTtVPGHQoE
IRS "tax gap" widens to $688 billion in 2021: report https://t.co/9uua2RqDnp https://t.co/PG1RkOKyeJ
Americans didn’t pay an estimated $688 billion in taxes due on their 2021 returns—the largest shortfall ever. Audits and other enforcement will be stepped up to reduce the gap, the IRS said. https://t.co/9dOAig0OsZ