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IRS steps up efforts to close 'tax gap': Underpayment due to cheating or confusion is causing audits to rise, and new rules could be on the way.

Date: March 21, 2007
Author: Mark Trumbull
QUOTE: Around this time each year, Americans dutifully send in what they owe in federal taxes – or at least about 84 percent of it. The government would like to get the other 16 percent. Growing concern about this "tax gap" – underpayment due to a combination of cheating or failing to understand a complicated tax code – means that audits are on the rise and new rules could be on the way.

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