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Business incomes, partnerships rife with unpaid taxes, experts say

Por: The Hill Politics November 17, 2022

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The IRS is tasked with collecting hundreds of billions of dollars in unpaid taxes over the next decade, and tax experts say individuals’ business income is an untapped source of revenue.   A report released by the agency in late October showed that the “tax gap” — the money owed but not paid to the IRS — increased to a net of $428 billion.     In 2014, then-Sen. John McCain (R-Ariz.) called out pass-through businesses as a tax... + full article



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