Letters to the Editor

IRS mismanagement

The IRS announced that under-staffing will cause tax refund delays of a week or more, over 40 percent of callers for help will not get through and 46,000 fewer audits will be performed to catch tax cheats costing an estimated $2 billion in lost tax revenue. In addition, reduced ability to catch identity fraud will add to losses and taxpayer suffering.

If the government spent $100,000 per year for new auditors plus $25,000 on each for training, computers and benefits, they could hire 48,000 more processors and auditors and break even. While a simplistic evaluation, it illustrates the impact of government’s under-funding of the IRS.

They know the positive dollar return on an investment for auditors; the government just fails to make the investment.

Chuck Latshaw, Palmetto Bay