Closing the Tax Gap after Tax Reform
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?
Continue reading in the Becker Professional Education magazine, Becker Pinnacle.