Tumblr Icon RSS Icon

IRS Struggling To Keep Up With Fraud Cases After Budget Cuts

By Pat Garofalo on June 28, 2012 at 4:50 pm

"IRS Struggling To Keep Up With Fraud Cases After Budget Cuts"

Share:

google plus icon

According to a report from the Taxpayer Advocate Service, the watchdog arm of the Internal Revenue Service (IRS), the IRS is facing a skyrocketing number of fraud cases without adequate resources. Potentially fraudulent returns are up 72 percent from last year, yet the IRS is working with a budget that is 3 percent lower than last year. As ThinkProgress has noted, slashing funds for the IRS ultimately ends up costing the U.S. money.

‹ PREVIOUS
42 Republicans Who Called Mitt Romney A Tax Raiser

NEXT ›
REPORT: Reducing Gun-Related Homicides Would Boost Home Prices By Billions Of Dollars In American Cities

By clicking and submitting a comment I acknowledge the ThinkProgress Privacy Policy and agree to the ThinkProgress Terms of Use. I understand that my comments are also being governed by Facebook, Yahoo, AOL, or Hotmail’s Terms of Use and Privacy Policies as applicable, which can be found here.