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Internal Revenue Service › Budget Cuts

The United States Internal Revenue Service is a bureau of the United States Department of the Treasury. The IRS is charged with collecting revenue and enforcing the Internal Revenue Code.  
Rosenberg Martin Greenberg LLP

Is the IRS Watching You?

Rosenberg Martin Greenberg LLP on

The year is 2010. Toy Story 3 tops the box office, the New Orleans Saints are Super Bowl Champions, and President Obama signs into law the Patient Protection and Affordable Care Act. That same year, the Internal Revenue...more

Foster Garvey PC

IRS Budget Cuts Continue to Worsen

Foster Garvey PC on

As I have reported in my previous blog posts, the IRS continues to get hit with severe budget cuts. The result is not pretty: (i) tax collections are on the decline; (ii) the Tax Gap is growing; (iii) taxpayer non-compliance...more

Blank Rome LLP

IRS Criminal Investigation Annual Report Confirms Devastating Impact of Budget Cuts

Blank Rome LLP on

Today the IRS Criminal Investigation Division released its annual report, summarizing its activities and accomplishments during fiscal year 2015. One of the key takeaways from the report is the devastating impact of budget...more

Foster Garvey PC

The IRS Continues to Face Significant Budgetary Constraints—What Does It Mean To Taxpayers?

Foster Garvey PC on

The Chief Financial Officer’s Act of 1990 (“1990 Act”) was signed into law by President George H.W. Bush on November 15, 1990. One of the major goals of the 1990 Act was to improve the financial management and to gain better...more

Foster Garvey PC

Strong Commentary From Washington Regarding IRS Budget Cuts

Foster Garvey PC on

As reported in previous blog posts (January 17, 2014, January 21, 2014, and January 20, 2015), federal budget setbacks continue to severely impact the Internal Revenue Service (“IRS”) and its ability to carry out its lofty...more

Lowndes

Budget Woes Continue to Hit IRS

Lowndes on

Earlier this week, IRS Commissioner Koskinen delivered a speech that discussed the challenges that the IRS continues to face as a result of budget reductions. IRS staffing is already down 13,000 full time employees since...more

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