Reported 1 day ago
The recent layoffs of around 7,000 IRS probationary workers are expected to hinder the agency's ability to target wealthy tax evaders and diminish revenue collection efforts, according to experts. The cuts, which primarily affect newly hired staff focused on compliance, could lead to longer processing times during tax season and cripple enforcement activities, as fewer resources limit the IRS's power to pursue high-income tax cheats effectively.
Source: YAHOO