Thursday, September 30, 2004


Don't ask me why, but when I read this the first thing I thought was YIPEE! Here's some good news:

According to Everson, the (IRS) budget cut would put at risk 229 major corporate fraud investigations and stymie plans for significant increases in audit rates of both small and large business taxpayers.

Although the IRS will attempt to minimize the impact of this $80 million shortfall through further cost cutting, we likely would have to freeze hiring and not be able to cover employee losses in our service and enforcement areas, which would result in a net reduction in IRS staffing.