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IRS audit revenue plunged following mass layoffs, watchdog finds

First covered 23 hrs ago · latest take 3 hrs ago. Compare how each outlet is covering it — and rate the sources you trust.

IRS audit revenue plunged following mass layoffs, watchdog finds
CBS News
CBS News3 hrs ago
IRS audit revenue plunged following mass layoffs, watchdog finds
IRS audits collected $3.5 billion less in fiscal 2025 as the agency shed thousands of auditors and other agency staffers.
NYT Politics
NYT Politics🏁 first to report23 hrs ago
IRS Audit Revenue Has Plummeted Under Trump, Watchdog Finds
The I.R.S. lost roughly a quarter of its employees since President Trump took office, hampering the agency’s ability to conduct audits.