Tax attorneys are expressing serious concerns about the IRS's current state, claiming the agency is struggling to function effectively due to significant staffing shortages. Some attorneys have gone so far as to describe the IRS as a 'zombie,' suggesting it is barely operational and unable to perform its duties adequately.
The primary concern is the agency's reduced capacity to conduct audits, particularly of wealthy individuals and large corporations. With fewer staff, the IRS is finding it increasingly difficult to scrutinize complex financial transactions and identify potential tax evasion. This lack of oversight could have significant consequences, potentially leading to a decrease in government revenue and an unfair tax burden on ordinary citizens.
The staffing issues stem from a combination of factors, including budget cuts and an aging workforce. The IRS has struggled to attract and retain qualified employees, further exacerbating the problem. The situation highlights the need for increased investment in the IRS to ensure it can effectively enforce tax laws and collect revenue.
IRS Faces Staffing Shortages, Halts Audits of Wealthy, Tax Attorneys Claim
Tax attorneys are raising concerns about the IRS's ability to function effectively due to staff cuts. Some claim the agency has become a 'zombie,' unable to properly audit high-income individuals and corporations. This comes as the IRS struggles to maintain its workforce and fulfill its responsibilities. The situation could lead to increased tax evasion and decreased government revenue.
Source: Read the original article at NBC