Law360, New York (February 2, 2017, 11:02 AM EST) -- Kat Saunders Gregor
Only days before President Trump’s nominee for secretary of the treasury, Steven Mnuchin, testified in his confirmation hearing that the U.S. Internal Revenue Service (IRS) is underfunded and needs more manpower, the National Taxpayer Advocate’s 2016 Report to Congress advocated for IRS budget increases and a friendlier enforcement approach. The first recommendation of National Taxpayer Advocate (NTA) Nina E. Olson’s 2016 report to Congress, released on Jan. 10, 2017, is to increase the IRS’s budget.
Since 2011, the agency's budget has been slashed from a height of almost $14 billion per year, down to...
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