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Tag Archives: Business & Finance

Do IRS Budget Cuts Mean Fewer Audits?

Do IRS Budget Cuts Mean Fewer Audits?

The IRS has learned to live lean since 2010, and no one seems to be complaining. At least, no one who makes less than $1 million dollars. Budget slashes, enacted throughout the last five years¹, have reduced the IRS to a shell of its former self, and the powers-that-be must …

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D.C. Braces for Post-Sequester Fallout

D.C., Virginia and Maryland are more frustrated by the sequester budget cuts than Detroit is, rest assured. That’s because these three states combined earn 10 percent of their economy from defense spending annually. This is according to a late February report by Mark Vitner and Michael Brown, both Wells Fargo …

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