Democratic lawmakers have called on the IRS CEO to explain why the agency has postponed releasing key data on the tax gap—the difference between what taxpayers owe and what is actually paid on time. In a letter, the lawmakers highlight concerns over the delayed publication of this information, which typically helps assess compliance and revenue collection. The IRS’s decision to withhold the report has raised questions about transparency and accountability in tax administration. The push comes as lawmakers seek clarity on the agency’s handling of financial reporting.
A group of Democratic lawmakers on Monday urged Frank Bisignano, the CEO of the IRS, to answer for why the agency has delayed publication of data that shows how much money owed by taxpayers wasn't paid on time. The lawmakers wrote in a letter to Bisignano that the IRS not yet releasing its tax gap...