St. Patrick's Day Green: IRS is Hiring
Finding the pot o'gold at the end of the rainbow has reached the IRS, who asked Congress on Thursday for approval to hire 2,000 more employees as part of the Service's proposed 9.5 percent budget increase.
Several thousand more employees would enable the IRS to step up its audit investigations, and without the increase, Commissioner Rossotti said more taxpayers may be forced to cheat on their taxes.
Overall projected budget is $8.8 billion for fiscal 2001 for an increase of $769 million dollars. However, Rossotti advised Congress that hiring 2,000 more only partially compensates (pardon the pun) for the already-vacated 10,000 employees who left the IRS over the last five years.
Nay Sayers in Congress and elsewhere did comment about the IRS' troubles to maintain its own books. This was reported in a story on March 1 on AccountingWeb.
Voice of the Editor
Which isn’t completely true. I mean, occasionally I drop by when I manage to sneak out of the nonstop frat party over at Going Concern, but I’m mostly a wallflower over there. I’m happy to say that I’ve been given express permission (or explicit orders, if you like) to wander over here to AccountingWEB more often.
Why is that, you might ask? My job is to replace the irreplaceable Gail Perry as Editor-in-Chief. What does that mean? I don’t really know! I think it’ll be fun getting a feel for things, throwing in my own thoughts here and there, and listening to the discussions you’re having about the accounting profession.