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The most recent IRS estimate shows a $385 billion shortfall in revenue, mostly from under-reported income.
"Ever since there have been tax collectors, there's been tax evasion," Callahn said.
"Every empire in history, every government on the planet faces the problem of tax evasion. What's happened in the United States is that in the past couple decades, the tax system has become a lot more complex, there are more opportunities to cheat now than there used to be."
And those opportunities are especially ripe for a certain type of tax payer.
IRS Commissioner Douglas Shulman says his agency keeps a vigilant eye on one group in particular:
"People who make a lot of money and have very complicated returns, there's a lot more places where a) we're not going to get information on them and we need to do a double-check; and b) where people have the opportunity to push the envelope," Shulman said. "The reality is, if you make $50,000 a year as a schoolteacher, all of your income is withheld by your school system, sent to us. There's very little non-compliance."
Shulman says the IRS sees all kinds of fraud, from multi-million dollar offshore bank accounts to small-scale numbers fudging.
http://www.cbsnews.com/8301-3445_16...ost-us/?pageNum=2&tag=contentMain;contentBody
"Ever since there have been tax collectors, there's been tax evasion," Callahn said.
"Every empire in history, every government on the planet faces the problem of tax evasion. What's happened in the United States is that in the past couple decades, the tax system has become a lot more complex, there are more opportunities to cheat now than there used to be."
And those opportunities are especially ripe for a certain type of tax payer.
IRS Commissioner Douglas Shulman says his agency keeps a vigilant eye on one group in particular:
"People who make a lot of money and have very complicated returns, there's a lot more places where a) we're not going to get information on them and we need to do a double-check; and b) where people have the opportunity to push the envelope," Shulman said. "The reality is, if you make $50,000 a year as a schoolteacher, all of your income is withheld by your school system, sent to us. There's very little non-compliance."
Shulman says the IRS sees all kinds of fraud, from multi-million dollar offshore bank accounts to small-scale numbers fudging.
http://www.cbsnews.com/8301-3445_16...ost-us/?pageNum=2&tag=contentMain;contentBody