Is the I.R.S. Closing the Tax Gap?

If you believe that …

1. We are in the advice-giving business (which we’re not) and that …
2. The I.R.S. takes the advice of people like us (which it probably doesn’t) …

then you maybe argue that the I.R.S. has been taking our advice. For what it’s worth, here’s what we had to say on the subject.

Also FWIW, I’ve been talking to a number of accountants and pension specialists these last few days, and they are absolutely flipping out about the massive changes in tax law that the new Democratic Congress may invoke.