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

Even though any accounting auditor would tell you it seems like there are an awful lot of tax accountants out there, surely one-third of the country isn't made up of tax preparers, so it's rather startling news to learn that one-third of Americans like to do their taxes. Who knew?
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