Closing the Tax Gap after Tax Reform

May 30, 2018
macro photo of coins on top of an American flag

Administering and enforcing the tax code is no small task. In 2017, the IRS processed 245 million tax returns, collected $3.4 trillion in taxes, and issued refunds to over 120 million households.

So, how will the Tax Cuts and Jobs Act impact the IRS’s tax administrative duties, and, more specifically, how will the IRS adapt its mechanisms for closing the tax gap under the new laws?

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