A new Inspector General’s report shows that as the IRS slashed its auditing ranks last year, collection of unpaid taxes fell. Karen Bleier/AFP
Karen Bleier/AFP
The IRS slashed its auditing staff last year in what was billed as a cost-cutting move, but if the effort was designed to improve the government’s bottom line, it has backfired.
A new report from the Treasury Department’s Inspector General for Tax Administration shows that revenue from audits plunged
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