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Internal Revenue Service Tax 2021-2025 Form

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[Music] a new IRS assess assessment estimates Americans fail to pay 688 billion dollar in taxes on their 2021 returns now the agency says around 77 billion of that was due to non filing so joining us now for more on this is Alex uh I I thought I I'm ricov I thought I mastered your name I had said it like four times before I'm so sorry Professor you're a professor of tax at Columbia Law School I had to say when I saw we were talking about this the first thing I did was look up how many corporations paid zero taxes on their profits CU I thought geez like they're in compliance right because there are ways for them to get around it but it's really hard for the regular working stiff to get around paying your taxes I was also surprised that only 77 billion was because of non-filing because usually if you file your taxes and you owe the IRS is coming to get you right um so why is there such a big gap why do Americans owe the IRS so much well there thank

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