The Internal Revenue Service gets a bad rap. Commissioner John Koskinen even admitted as much in a speech last month at the National Press Club. He also stated recent budget cuts will mean the agency will “close fewer audit and collection cases” resulting in $2 billion of lost revenue for the government.
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You may be thinking ‘Is this is the year to pull one over on the tax man?’ Not so fast says FOXBusiness’ Gerri Willis who explains why it never pays to cheat Uncle Sam.