IRS failed to collect $2.4B in taxes from millionaires

Auditors were only able to recoup about 39 percent of the more than $4 billion in unpaid taxes owed by a group of rich taxpayers with an average annual income of nearly $1.6 million.

Original Article Posted at : https://www.accountingtoday.com/articles/irs-failed-to-collect-2-4b-in-taxes-from-millionaires