Today, the Administration released its Fiscal Year 2015 budget proposal. It includes $12.5 billion for the IRS “to improve service to taxpayers and reduce the deficit through more effective enforcement of tax laws.” Treasury’s budget proposal also “proposes a multi-year program integrity cap adjustment for the IRS, including $480 million in 2015, to deliver additional resources to critical tax enforcement and compliance functions that reduce the deficit and narrow the tax gap by nearly $6 for every $1 spent once fully implemented, with total savings of $35 billion over the next 10 years.”
Click to access the Department of the Treasury budget overview.
