Washington - The first study of taxpayer compliance since 1988 shows that the vast majority of Americans pay their taxes on time and accurately, but that the nation still has a significant tax gap, according to the Internal Revenue Service.

The National Research Program, launched in 2001, randomly selected about 46,000 returns for review and examination from 2001 to 2004. The return selection process included an oversampling of high-income returns to enable IRS researchers to draw valid conclusions about important sub-categories of taxpayers.

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