Predictable and predicted: "revenue from audits plunged 35% in fiscal year 2025, meaning billions of dollars in taxes went un-collected. The drop coincides with a 27% cut in enforcement and collection staffing at the IRS, as part of Elon Musk's campaign to boost government efficiency."
The IRS slashed its auditing staff last year — but the move may have backfired as tax collections from enforcement efforts plummeted, an Inspector General report shows. n.pr/4yc7bbS