IRS workforce to shrink

IRS workforce to shrink
© Greg Nash

The Internal Revenue Service expects its workforce to decline by 2,000 to 3,000 full-time employees during the current fiscal year, the agency’s commissioner, John Koskinen, said.

This decrease in workers will bring the IRS’ total loss to more than 17,000 since fiscal 2010, Koskinen said at a Senate Finance Committee hearing Wednesday.

While the IRS received its first funding increase in six years for fiscal 2016, the agency still has substantial financial constraints, Koskinen said.

“If we could simply put the budget of this agency on a stable, sustainable basis, it would make a huge change and improvement in taxpayer service and enforcement,” he said.

For fiscal 2017, the agency is requesting an increase in total funding of about $1 billion that would be used for 15 initiatives, including taxpayer services, enforcement and implementing ObamaCare, Koskinen said.

In his testimony before the committee earlier Wednesday, Treasury Secretary Jack LewJack LewOne year later, the Iran nuclear deal is a success by any measure Chinese President Xi says a trade war hurts the US and China Overnight Finance: Price puts stock trading law in spotlight | Lingering questions on Trump biz plan | Sanders, Education pick tangle over college costs MORE also said the IRS needs more resources for enforcement.

“We still have gaps in the IRS budget that just don’t give us the resources we need to enforce as effectively as we should,” he said.