The IRS’s Office of Fraud Enforcement, launched shortly before the Covid-19 pandemic in 2020, is being revived to reduce the approximately $700 billion tax gap, or the difference between the true tax liability for a tax year and the amount that is paid on time. Taxpayers who may have committed fraud can take steps to reduce their risk and mitigate the consequences.
Learn to Self-Correct Fraud Before the IRS Knocks on Your Door
