Treasury Inspector General for Tax Administration,update

 

Every year, we do a deep dive into IRS collection & enforcement trends. Here’s a peek at 5 from our report to take you into the weekend. $4.9 trillion The amount of total tax revenue collected from returns in Fiscal Year (FY) 2022. That’s the most ever collected by the IRS.  $72.4 billion The amount of revenue collected through enforcement (1.5% of total tax revenue collected) in FY 2022. Most enforcement revenue (58%) was collected from taxpayers responding to IRS notices. 8,855 The total number of IRS examination employees in FY 2022. That's 341 fewer than the prior year.  708,000 The number of examinations completed in FY 2022. Most were done using notices (79%) as opposed to through face-to-face interviews with taxpayers. These examinations recommended $30.2 billion in additional taxes, a 75% increase from FY 2019.  460% The percentage increase in revenue collected by IRS’s Private Debt Collection program from FY 2019 ($268 million) to FY 2022 ($1.5 billion). Required by law, the IRS uses debt collection agencies to pursue unpaid cases that are inactive.  Read the full report for more tax compliance trends.

Treasury Inspector General for Tax Administration 901 D Street, SW, Suite 600 Washington, D.C. 20024-2169