The IRS Gets a Raise – But Not As Much As They Wanted!

As part of the Protecting Americans from Tax Hikes Act of 2015 (PATH Act), Congress opened up its wallet and gave the IRS $290 million more to work with in Fiscal Year 2016 (FY2016). The extra money is expected to be used to deter taxpayer identity theft, protect vital data from cyber-based attacks and improve customer service. The new law also reins in IRS spending on video productions, conferences at resort hotels, and awards and bonuses – items that have previously gotten the IRS in trouble.

But it’s a mere drop in the bucket when compared to what the IRS really wanted: An extra $2 billion over the FY2015 budget!