Federal Tax Gap Holding Steady, According to IRS Estimates

The Internal Revenue Service (IRS) recently released a new study, Tax Gap Estimates for Tax Years 2008-2010. According to this period report, "there has been no significant change in the amount of the tax gap or the rate of compliance since the last report was issued." Including enforcement activities and late payments, the average annual net tax gap for the 2008-2010 period was $406 billion, with an estimated rate of compliance of 83.7 percent. For more information and links to older estimate reports, click here: https://www.irs.gov/uac/The-Tax-Gap

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