IRS Auditing of Taxpayers Falls to Ten Year Low
In an article by Kevin McCoy of US Today on February 24, 2015, he states that ‘your chances of facing an IRS audit fell to the lowest level in at least a decade in 2014 and are expected to drop further this year’. Wow, this is ridiculous. In other blogs, we have demonstrated that a full audit of those making over $200,000 and increased auditing of everyone else will generate billions of additional revenues for the federal government. We know that Congress is mad at the IRS for its terrible actions against conservative not for profit groups. However, Lerner is gone, the emails have been forced out of the IRS’s hands by Judicial Watch and others, and the investigation is ongoing and hopefully will come to a productive close soon. Given this, there is no further excuse for cutting the revenue agents and others who do these audits, who track and prevent tax refund fraud, and who collect the monies owed the Federal government. The deficit is over $400 billion. The country needs these additional revenues. Restore the full budget of the IRS to the 2010 levels in FY 2016 and increase it another $1 billion in FY 2017.
Harry Pukay-Martin