IRS Struggling To Keep Up With Fraud Cases After Budget Cuts

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.