Many high-income taxpayers who don’t file tax returns aren’t being pursued by the IRS though billions are owed, a recent audit said.

Many high-income taxpayers who don’t file tax returns aren’t being pursued by the IRS though billions are owed, a recent audit said The audit by the Treasury Inspector General for Tax Administration (TIGTA) showed that while fewer in number, most of the “Tax Gap” (the estimated difference between the tax that should be paid and the tax that’s voluntarily paid on time) is attributable to these high-income non-filers.

For tax years 2014 through 2016, they collectively owe $45.7 billion. However, TIGTA said many of these cases “will likely not be pursued as resources decline,” resulting in missed opportunities to bring non-filers back into compliance.

Here’s the report: https://bit.ly/2MGRTXS