The Internal Revenue Service collected less money from audits in 2025 — a direct result of losing many employees to cost cutting measures by the Trump administration, according to a new watchdog report.
The Treasury Inspector General for Tax Administration (TIGTA) said that in fiscal 2025, ending Sept. 30, the IRS collected $6.5 billion in revenue from tax audits, down from $10 billion the year prior.
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#revenue #internal
The Treasury Inspector General for Tax Administration (TIGTA) said that in fiscal 2025, ending Sept. 30, the IRS collected $6.5 billion in revenue from tax audits, down from $10 billion the year prior.
Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being one
Dave Ramsey warns nearly 50% of Americans are making 1 big Social Security mistake. Here's what it is and 3 simple steps to fix it ASAP
The tax breaks in Trump's 'big beautiful bill' expire after 2028. Here are 4 moves to make before the window closes
#revenue #internal
3 hours ago
