Closing the Gap: Why the IRS Wants to Practice Random Acts of Audit

"Bottom Line:
• According to IRS estimates, there is a $345 billion gross "tax gap" for 2001. The tax gap is the difference between taxes the IRS thinks should have been paid and taxes that actually were paid.
• To better understand the tax gap and non-compliance with tax codes, the IRS is resurrecting random audits of tax returns.
• Some 13,000 taxpayers will be chosen for random audits of 2006 returns.
• The IRS will continue random audits for tax years 2007 and 2008."

Complete Article can be found here:
http://knowledge.asu.edu/blog/index.php/2007/08/24/closing_the_gap_why_the_irs_wants_to_pra