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Taxing Tips: Untangling The Hairy Situation Between Beauty Salons, Restaurants And The IRS.

Congress created a big incentive for restaurants and bars to report employees’ tips, which can be good for workers, too even if many don’t believe it. So why hasn’t it done the same for the largely female-owned beauty industry? ....

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Tax Money: Gap between US income taxes owed and paid is set to keep growing, IRS says

International Business News: The IRS projects that the amount of unpaid taxes owed to them will continue to grow, with the gross tax gap reaching $688 billion for 2021 and $601 bi ....

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Americans failed to pay a record $688 billion in 2021, IRS says

Americans owe the IRS $688 billion in unpaid taxes, underscoring need for more audits, said IRS Commissioner. ....

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IRS Says Tax Gap For 2021 Expected To Be $688 Billion

A report released by the IRS indicates that the nation s tax compliance rate is holding at 85%, more or less the same as in prior years. ....

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IRS 'tax gap' widens to $688 billion in 2021: report

The gap between taxes owed and paid to the government is wider than originally estimated, according to a new report released Thursday by the Internal Revenue Service. The projected gross “tax gap,” the difference between the total taxes owed to the IRS and how much is collected on time, jumped to $688 billion for tax… ....

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