Uncollected Taxes Total $380 Billion (And Counting)

If there is one thing which American citizens can almost be certain of year after year, it is an increase in taxes. As our country continues to sink further into national and global debt, the government is struggling to come up with ways to increase its own capital which, more often than not, involves taking more out of the pockets of hardworking Americans.

A new report which was just recently released from the Government Accountability Office is bringing attention to an issue which could significantly reduce the amount of tax hikes we all endure each year. In this report, it is shared that the Internal Revenue Service (IRS) has failed to collect $380 billion in outstanding tax debt – and the amount is only continuing to grow.

IRS Accused of Being Apathetic

The IRS has not only publicly stated that it will audit fewer taxpayers, but in many areas, agents have even been advising taxpayers exactly what limit they would need to reach before they would be audited. In Dallas, those taxpayers (that is, those who were not hung up on which routinely happens – according to Iowa Senator Chuck Grassley) were advised that the IRS would not audit anyone who owed less than $1 million.

This is not to say that the IRS is entirely at fault. Congress has cut the agency’s funding by over $1 billion over the past 5 years. However, it is clear that the IRS must do more to recover taxes from tax cheats, even if that does mean hiring a third party contractor to help collect some of this massive outstanding tax debt.

Americans Want to Pay Taxes

Hardworking Americans want to pay their fair share of taxes. An IRS Oversight Board survey from 2014 showed that 94% of Americans stated that it is everyone’s civic duty to pay their share of taxes. Another study conducted by Pew in 2013 revealed that 71% of Americans claimed that not reporting all of one’s income on their taxes is morally wrong. 

The bottom line is that most Americans want to pay their dues so that schools can be built, and roads can be repaired. But tax laws can be complex and the IRS offers little additional assistance to those who are confused or who have questions. 

This is why many in the greater Dallas area contact the Scammahorn Law Firm. With years of experience in tax law and litigation, Mr. Scammahorn has helped countless individuals fight the IRS and ensure they only pay what is their fair share of taxes. 

If you are having difficulties with the IRS we are here to help, and invite you to call the Scammahorn Law Firm today at (903) 595-1000.