About 7 million U. S. Taxpayers fail to file required income tax returns each year...as result of non-filing, the government loses $28 billion per year. Although the IRS makes efforts to force non-filers into compliance, the continuing improvident cutting of the IRS budget allows more taxpayers to duck their filing obligations because the IRS has fewer resources to pursue non-compliant taxpayers.
7 Million Taxpayers Fail To File Their Income Taxes
Robert E. McKenzie, Contributor, Forbes
Tue, 08/26/2014 - 11:37pm
BING NEWS:
- IRS Is Notifying Taxpayers Who Were Victims Of Massive Data Breach
The IRS is notifying taxpayers who were impacted by the Littlejohn data breach. By law, the IRS must inform taxpayers about the breach and tell them about the next steps.
05/1/2024 - 3:55 pm | View Link - 940,000 Taxpayers Have Just 2 Weeks to Claim Part of the $1B the IRS Is Holding. See If You're Owed Money
If you're missing a tax refund from the 2021 filing season, you only have two weeks to claim your money before it's gone forever.
04/30/2024 - 11:00 pm | View Link - Forget To File Your Taxes? You Might Hear From The IRS
According to the IRS, the mailings are being sent to more than 25,000 people who have more than $1 million in income between tax years 2017 and 2021, and to more than ...
04/30/2024 - 1:22 pm | View Link - Govt to block mobile phone SIMs of over 500,000 non-filers
In a robust action against non-filers amid the prevailing financial crisis being faced by the cash-strapped country, the government on Tuesday directed the Pakistan Telecommunication Authority (PTA) ...
04/30/2024 - 7:15 am | View Link - Kansas Gov. Laura Kelly prevails in tax cut showdown as veto override fails by one vote
Supporters of a wide-ranging tax cut package failed to override Gov. Laura Kelly’s veto after Sen. Dennis Pyle, who originally voted in favor of the bill, voted against the override.
04/29/2024 - 11:00 am | View Link - More
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