IRS Targets IRAs
Two in five U.S. households own an IRA. In 2006 and 2007, the Treasury Inspector General for Tax Administration estimated that $286 million in taxes were uncollected due to missed IRA withdrawals and excess contributions.
Two in five U.S. households own an IRA. In 2006 and 2007, the Treasury Inspector General for Tax Administration estimated that $286 million in taxes were uncollected due to missed IRA withdrawals and excess contributions.
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