Funding for the IRS has been squeezed for the past 10 years, which has correlated with a decline in audit rates across all tax brackets.
"For taxpayers earning over $1 million, there has been substantial reduction in audit rates, but they are still audited more frequently than taxpayers earning below $200,000," said Alex Muresianu, a policy analyst at the Tax Foundation.
The GAO report concludes that a drop in IRS funding was a main contributor to the decline in audits. Funding for the agency decreased by more than 20%"The IRS, like most parts of government, relies on the annual appropriations process," said Mark Everson, a former IRS commissioner and current vice chairman at Alliantgroup. "The problem is that the Congress doesn't do a good job of funding the government.
The biggest cut in that has been in enforcement — and particularly in their most highly skilled agents who do the audits.About 70% of the IRS's overall budget is spent on labor. As a result of the spending cuts, the IRS staff"The biggest cut in that has been in enforcement — and particularly in their most highly skilled agents who do the audits and who also do collections," said Janet Holtzblatt, senior fellow at the Urban-Brookings Tax Policy Center.
"This is highly technical work and you need experience," Everson said. "Someone who's three years out of college isn't going to be doing the technical work on the ExxonMobil tax return.A turnaround began amid the pandemicThe pandemic marked a turning point of sorts for the IRS. In 2020 and 2021, the IRS received supplemental funding from Congress due to the pandemic, which led to a slight bump in full-time employment.
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