IRS Funding Woes Realised? Audit Rate at 15-Year Low

Overview


Andrew Roberson and Kevin Spencer wrote in this bylined article that IRS funding woes led in 2017 to the lowest level of audits in 15 years. “The decreased funding of the IRS in the wake of bipartisan disagreements seems to have quelled in recent weeks,” the authors wrote, leading to “movement to get the IRS more funding in the wake of tax reform but it remains to be seen whether some of those funds will be used to increase the enforcement functions of the IRS.”