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GAO sympathizes with IRS

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in Small Business Tax

According to a new report from the Government Accountability Office (GAO), the IRS would do a better job if it had more money. (GAO-14-534R: 4/21/14)

The GAO pored over figures spanning the fiscal years from 2009 through 2014. It discovered that the tax collection agency’s appropriations are at their lowest levels in the past five years. To make matters worse, the IRS’ staff was slashed by about 8,000 full-time employees during this same time period. In addition, other data referenced by the GAO shows a correlation between IRS performance and reduction in taxpayer services.

With the current budget restraints on the IRS and additional responsibilities under Obamacare, the GAO thinks that things will get worse before they get better.

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