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IRS Budget Cuts Continue to Erode Service

The number of IRS automated collection system employees has dropped 30% since 2010. As a result, case inventories outpaced closures, cases took longer to close and fewer enforcement actions were taken. The number of liens and levies has dropped by…

March 03, 2015

Despite Budget Cuts, IRS Collects More Money Than Ever

For the third year in a row, the IRS received and collected more revenue in 2013 than in past years. Gross collections grew 13% to $2.9 trillion dollars while enforcement revenue rose 6% to $53.3 billion dollars. However, accounts receivable…

January 13, 2015

IRS Compliance Efforts Affected by Budget Cuts and Loss of Personnel

IRS Commissioner John Koskinen recently expressed his concern regarding IRS compliance activities. Since 2010, the IRS’ budget has been reduced by $850 million dollars which, in turn, reduced the amount of tax revenue that would have been collected. Mr. Koskinen…

December 18, 2014

Do You Believe in a Strong IRS or a Weak IRS?

On July 16, 2014, The House approved an appropriations bill that slashes more than $1.1 billion from the IRS’ budget, specifically in enforcement and operations. Both The White House and the IRS has previously warned that a budget reduction in…

August 14, 2014

Lowest Chance of IRS Audit in Years

Everyone is scrambling to get their taxes filed on time, by today really. Some of you will file an extension, some of you will pay a penalty for not filing an extension and the rest of you, the good law…

April 15, 2014

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