IRS is determined to develop 100 percent tax compliance, by reducing the tax gap between the tax payers and IRS. As per the White House’s Office of Management and Budget the tax deficit has piled up to $354bn and the IRS is determined to get it down to $190bn. This act of IRS will definitely reduce the gap between what the tax payers pay and what they owe to the IRS revenue.
IRS is constantly striving to come up with 85 percent tax compliance rate to boost its revenue to $30bn annually.
IRS strives to acheive 100 percent tax-compliance with tax-payers
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