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The Internal Revenue Service is hiring thousands of new auditors as it gears up for a potentially massive tax enforcement push if Congress is able to pass an infrastructure plan that would include $40 billion to expands audits to the wealthy.
A recent Tax Practice Advisor report notes that the IRS Small Business and Criminal Investigations divisions are adding thousands of new tax enforcement employees as the agency seeks to rebuild the thousands of audit staff lost in the last decade.
The additional staff could put the IRS in a position to greatly expand audit capacity quickly as the IRS has faced criticism in recent regard as audit rates – especially those for corporations and high earning individuals – fell amid decreasing staffing and budget levels.
The IRS is already planning to receive a slight funding boost in the coming months as legislation being considered in Congress calls for $13.6 billion for the IRS in the next year which would increase funding for both taxpayer services and enforcement operations.
Our Audit Protection Plan (APP) was created with the needs of our clients in mind. Covering up to 10 hours of representation in the event of an audit, or up to 4 hours of representation in the event of a notice, the APP is an annual plan that can help to give our eligible clients the peace of mind they are looking for.
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