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IRS hiring auditors [Video]

IRS hiring auditors

The IRS is planning to hire thousands of auditors.

If Congress passes the current infrastructure plan, the IRS will receive $40 billion to expand audits of high-income taxpayers.

The IRS lost 17,000 staff in the past decade, so audit rates have declined.

Taxpayers with at least $10 million of income were audited 12.06% of the time in 2013, but 8.16% of the time in 2015.

The IRS Commissioner said the gap between taxes owed and taxes paid is as high as $1 trillion.

The IRS has been trying to get additional funding for years, but it’s been plagued by a series of scandals. IRS staff have leaked personal information of wealthy taxpayers and targeted certain groups because of their politics.
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