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It is estimated that the collective cost of tax evasion over the last decade in the U.S. is $3.09 trillion and that $5 billion a year is lost from fraudulent tax refund claims. Below are more eye-popping numbers in infographic form.
The infographic below is from Online-Accounting-Degrees.net as brought to you by Lorimer Wilson, editor of www.FinancialArticleSummariesToday.com and www.munKNEE.com and the FREE Market Intelligence Report newsletter (sample here – register here). :
Source: Online-Accounting-Degrees.net
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