Similar Stories to Staff Cuts Take A Toll On Irs Tax Enforcement Efforts on Bing News

WASHINGTON (AP) — An IRS watchdog says budget cuts to the agency are taking their toll — and more are on the way under legislation that has advanced through a House panel. IRS budget cuts are hurting tax collections because there are fewer agents chasing delinquent taxpayers, according to a report released Wednesday by the Treasury inspector general for tax administration.Read more on NewsOK.com

Topics:  washington ap     an irs   house   irs   treasury   newsok    irs   cuts   toll   tax   budget   
BING NEWS:
  • IRS says it has recovered $4.7 billion in unpaid taxes. Republicans want to cut enforcement funding.
    Recovered funds include $1.3 billion from high-income taxpayers who did not pay overdue debts, $2.9 billion related to IRS criminal investigations and $475 million in proceeds from criminal and civil ...
    12/13/2024 - 11:49 pm | View Link
  • Looming cuts threaten IRS plans to keep growing workforce and crack down on tax evasion
    IRS Commissioner Danny Werfel says another $20 billion cut to the IRS’ budget would limit its ability to keep hiring.
    12/13/2024 - 5:09 am | View Link
  • IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
    IRS leadership on Thursday announced that the agency has recovered $4.7 billion in back taxes and proceeds from a variety of crimes since the nation's tax collector received a massive glut of funding ...
    12/13/2024 - 3:14 am | View Link
  • More

 

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