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IRS Sequestration Cuts Could Mean Fewer Audits

The IRS is feeling the pinch of the across-the-board government spending cuts known as the sequester, with the agency forced to furlough its nearly 100,000 employees for up to seven days.

The budget constraints for the IRS also mean the agency will likely conduct fewer audits than in previous years, according to CNN.

The first of the furlough days will take place next month and will be spread out across separate pay periods, representatives from the National Treasury Employees Union told CNN.

IRS Acting Commissioner Steve Miller spoke on their cost cutting measures before congress earlier this month, saying the furloughs will be a tough blow to both workers and oversight.

"Without a change in the current budget environment, the American people will see erosion in our ability to serve them, and the Federal government will see fewer receipts from our enforcement activities," Miller said.

by RTTNews Staff Writer

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