TIGTA reports IRS workforce cut 25% to 77,428 employees by May 2025. 17,847 approved for TDRP/VSIP programs. 27% of tax examiners and 26% of revenue agents separated. Enforcement function faces up to 50% cuts through 2026. Critical revenue collection capacity compromised.
The Senate confirmed Billy Long, a former Republican congressman who previously sought to abolish the IRS, as the agency’s new commissioner. Long was confirmed on a 53-44 party-line vote despite concerns about his past work with a firm involved in pandemic tax credit fraud and his lack of tax …
TIGTA May 2025 report documents 25% IRS workforce reduction from 103,000 to 77,428 employees since Jan 2025. 25,386 separations via Deferred Resignation Program (DRP), terminations, RIFs. 27% of tax examiners, 26% of revenue agents departed. DRP required critical filing season staff work until May …
Department of Justice settles civil lawsuit with Roger Stone for $2.1 million over fraudulent transfers through Drake Ventures LLC, a Delaware shel…
The Internal Revenue Service announces a Virtual Currency Compliance Campaign to address tax noncompliance related to cryptocurrency use, heavily relying on Chainalysis blockchain surveillance software. The IRS Cyber Crimes Unit (CCU), a five-year-old division of IRS Criminal Investigation, deploys …