There is $10.9 billion to fund the IRS for fiscal year 2015 in the spending bill that is working it's way through congress. This is a 3% reduction from the funding level for 2014.
A spokesperson for the National Treasury Employees Union issued a statement saying
"This budget hurts everyone in our country by further eroding the IRS' ability to provide tax assistance to millions of Americans, curb tax fraud and collect the taxes owed that finance vital programs and services and reduce the federal deficit".
The IRS estimates that it will be able to answer about half the calls it receives with this budget. The IRS has lost 5,000 enforcement personnel and audit and collection activities have been impaired since congress began implementing a series of budget cuts that began in 2010 reducing the IRS annual budget by about 10 percent.
- Mark S Gleason CPA
www.lakes-cpa.com
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