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Why the IRS fails to crack the small-business tax nut

from The New York Times

Sizing up the honesty of small-business owners is one of the Internal Revenue Service’s most vexing problems. The agency estimates that it collects $458 billion a year less in taxes from all Americans than the government is actually due. Most of that "tax gap" is income that goes unreported, and the biggest chunk of it, by far — $125 billion — is individual business income. more


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