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This Week's News

Job Prospects Lucrative for 2007 Accounting Grads

Federal Managers Slow to Adopt Telework Policy

Compliance Cost Assessment Diagnostic Now Available

12-Step Program for Operational Excellence

New Website Offers Business Owners Property Tax Cut Routes


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What's Behind the Tax Gap?

Of all the numbers cited by Nina Olson, the Taxpayer Advocate in her analysis of the Tax Gap as part of her annual report to Congress, one stands out - the $2,200 "surtax" that individuals pay to subsidize noncompliance by others. Preliminary figures suggest that noncompliance for 2005 will approach $290 billion. Basker Johnson, Fred Imel and Kent West of the Oklahoma Society of CPAs spoke with AccountingWEB about what's behind noncompliance and what the Internal Revenue Service (IRS) can do and is doing to close this gap.

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AccountingWEB Feature


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January 25, 2007



















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