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The Day - IRS needs more than audits to find tax cheats, former chief says - News from southeastern Connecticut

Published May 12. 2021 5:54AM
Laura Davison, Bloomberg News
WASHINGTON The U.S. Internal Revenue Service needs additional tools beyond audits to find individuals and businesses that are underpaying their federal tax bills, a former commissioner of the agency told a congressional panel on Tuesday.
“Simply scaling up what the IRS does today will not produce the desired results,” Charles Rossotti said at a Senate Finance subcommittee hearing. “As important as audits are, currently, all of IRS audit activity only recovers about 2.5% of the tax gap.”
Rossotti, who was IRS commissioner from 1997-2002, said the agency requires more information about bank account flows for high-income taxpayers and upgraded computer systems that could process that data. That would help find income that’s earned through pass-through entities, such as partnerships, where there isn’t strong third-party reporting and taxpayers can more easily hide their money, he said. ....

United States , South Dakota , Charles Rossotti , Cindy Axne , Donald Trump , John Thune , Chuck Rettig , Chris Van Hollen , Joe Biden , Mike Crapo , Barry Johnson , Senate Republican , Senate Finance Committee , Us Internal Revenue Service , Tribune Content Agency , Revenue Service , Senate Finance , American Families Plan , Maryland Democrat , Iowa Democrat , President Donald Trump , Finance Committee , ஒன்றுபட்டது மாநிலங்களில் , தெற்கு டகோட்டா , டொனால்ட் துருப்பு , ஜான் தூணே ,

Ward by Ward: Orsett: Large majority expected for Little

WE alway remember one Labour candidate telling us how he put on weight whist standing in Orsett. It was all the cake the good ladies of Orsett, Bulphan and Horndon-on-the-Hill would give to him, when he came round. Of course, even though they agreed with many things he said, they naturally were voting Conservative.
So it will not be earth shattering news that we predict Sue Little will be re-elected.
There was a time when UKIP polled over 700 votes here but Sue has seen them off.
We are sure Sue and hard working Barry Johnson will have done the hard yards around Orsett. ....

Horndon On The Hill , United Kingdom , Barry Johnson , Sue Little , ஒன்றுபட்டது கிஂக்டம் , பாரி ஜான்சன் , வழக்கு கொஞ்சம் ,

The DIY past, present, and future of ska

The DIY past, present, and future of ska
avclub.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from avclub.com Daily Mail and Mail on Sunday newspapers.

United States , Jeff Rosenstock , Desmond Dekker , Dan Deacon , Laura Stevenson , Richard Allen George , Joyce Manor Barry Johnson , Kay Mccaney , Rodney Dangerfield , Amanda Fotes , Tristan Jemsek , Kendall Jones , Mike Park , Av Club , Skatune Network Youtube , Numero Group , Asian Man Records , Toots And The Maytals , Mighty Bosstones , Reel Big Fish , Aaron Carnes , Defense Of Ska , Clash Books , Joyce Manor , Barry Johnson , Care The Union ,

Tribeca Film Festival brings back in-person VR and free outdoor events

Tribeca Film Festival brings back in-person VR and free outdoor events
CNET
1 hr ago
Joan E. Solsman
© Provided by CNET
The Tribeca Film Festival is set to kick off in June. Sarah Tew/CNET
The Tribeca Film Festival in New York will bring back in-person immersive events when it kicks off in June, organizers said Tuesday. The festival which has grown into one of the biggest US events for interactive storytelling in virtual reality and other formats had to quickly pivot last year s program to an all-virtual affair after the COVID-19 pandemic first delayed the festival originally planned for April 2020. ....

New York , United States , France General , United Kingdom , Jae Perris , Oliver Bancroft , Tim Dillon , Ethann Bergua Isidore , Chris Campkin , Ben James , Federico Carlini , Xandi Adderley , Yusef Komunyakaa , Tamara Shogaolu , Annie Saunders , Maxim Roy , Fred Resmusat , Stephen Butchko , Jean Christophe Yacono , Zoe Todd , Corentin Lambot , Brad Mora , Olivier Demangel , Michael Golembewski , Sara Brucker , Collyn Stephens ,

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MINNEAPOLIS â Former Minneapolis Officer Derek Chauvin was convicted Tuesday of murder and manslaughter for pinning George Floyd to the pavement with his knee on the Black manâs neck in a case that triggered worldwide protests, violence and a furious reexamination of racism and policing in the U.S.
More Headlines ....

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