Published: May 06, 2025, 08:25 IST | Updated: May 06, 2025, 08:25 IST
World Business Watch May 06, 2025, 08:25 IST
US DOGE hits IRS' auditors
Loss in tax revenue could mean increase in budget deficit
IRS downsizing due to DOGE's plan to cut the workforce
Departure of auditors could result in deeper revenue losses
IRS faces Tax Day with staff cuts raising cheating concerns
The Internal Revenue Service (IRS) in the U.S. has lost 31 percent of its auditors due to buyouts and layoffs associated with Elon Musk's Department of Government Efficiency (DOGE).
This will make it harder for the agency to pursue tax evaders.