But realistically, the IRS can’t be expected to do more with less and less funding. ROIInterestingly, as today’s budget summary acknowledges, the IRS can reduce the deficit through effective enforcement and administration. And given the budget proposal, the IRS is not likely to be adding many people. Smooth FilingThis is not to say that the IRS has always been a prudent steward of its budget. The IRS processed more than 240 million tax returns in 2015 and issued 119 million refunds worth more than $400 billion.

Source: Forbes March 16, 2017 20:38 UTC