More IRS Dollars Means Smaller Tax Gap, Analysis Finds

The Congressional Budget Office, which provides assessments to help determine Congressional budget plans, provided an analysis of the results of greater IRS spending. The issue of increased funding for the government collection agency has been hotly debated amongst politicians and lawmakers over the last few years. Tax-news.com shares the most recent projections from the Congressional Budget Office: “The Congressional Budget Office (CBO) has estimated that increasing the enforcement budget of the Internal Revenue Service (IRS), ...