Tax Gap? What’s That!?!

Tax gap. No, it’s not a fancy store with all your tax accessory needs. It’s a calculation. Ok, so it’s more complicated than that. Here’s the basics behind what the tax gap is and why it’s important. So, everyone knows that April 15th is tax day! Where’s the cake? Anyways, the rule goes that every single person in who is claiming United States citizenship is supposed to have their taxes filed by that day. Supposedly. But as we all know, not everyone gets in their taxes by that date and that is part of the basic principle of the tax gap. As far as the...

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