Tax Deadline Hits at Midnight Friday

Not long ago, stores stocked up on pencils, erasers and calculators for this week, while post offices braced for the annual rush of last minute tax filers. This year, an estimated 14 million people are using their computers to prepare their taxes, and unprecedented numbers this year will zap their forms to the IRS on the e-filing system.

But a recent IRS study has the nation with a tax gap of over $300 billion per year — meaning the difference between what taxpayers should pay, and what it actually collects.

Guests:

Bert DuMar, director, Electronic Tax Administration at the Internal Revenue Service

Charles O. Rossotti, author, Many Unhappy Returns: One Man's Quest To Turn Around The Most Unpopular Organization in America; commissioner of the IRS from 1997-2002

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