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You are at:Home » IRS says tax collection is more efficient this year, and receipts are up more than 5%
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IRS says tax collection is more efficient this year, and receipts are up more than 5%

Tim HuntBy Tim HuntMay 3, 2025No Comments2 Mins Read2 Views
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IRS says tax collection is more efficient this year, and receipts are up more than 5%
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The Treasury Department wants to make the IRS more efficient under the Trump administration.

And IRS data shared with FOX Business indicates total tax receipts for this tax filing season have increased 5% from last year. Additionally, the total number of tax returns processed is up 1.5%.

“We are making Treasury efficient again. This isn’t just words on paper. The data backs the great work that we’re doing to make sure that the IRS works for the American people, not against them,” Deputy Treasury Secretary and acting IRS Commissioner Michael Faulkender told FOX Business.

“Our next goal will be to usher President Trump’s tax agenda across the finish line with the unified help of both House and Senate Republicans so we can continue to put more money back into the pockets of hardworking Americans,” he added.

ABOUT 20K IRS WORKERS ARE WEIGHING BUYOUT OFFERS

Since Trump’s inauguration, the IRS’ information technology (IT) budget has been cut by $2 billion without operational disruptions, according to the Treasury Department. 

It noted this was achieved through the elimination of wasteful contracts, such as licenses set to auto-renewal but unused.

The IRS is also remaking the leadership of its technical teams by removing staffers without technical expertise and replacing them with engineers. The administration noted that fewer than one in five staffers working on the IRS’ IT programs were qualified engineers, whereas the industry standard would typically be 100%.

DOGE SAYS IRS MODERNIZATION PROGRAM IS $15B OVER BUDGET AND 30 YEARS OVERDUE

Internal Revenue Service (IRS) building

With a greater emphasis on hiring qualified engineers and putting them in charge of IT projects, the IRS is continuing its work to build a unified application programming interface (API) layer, a project that began over 20 years ago and has cost $4 billion, according to the agency. 

The IRS has 12 different APIs that are fragmented and make it difficult for engineers to upgrade IT systems.

Creating the unified API layer will simplify communication between different apps and data sets, which the IRS says will result in a more seamless interface for taxpayers and internal teams while also making the development process for future products and services more efficient.

Read the full article here

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Iran foreign minister vows nuclear enrichment will continue ‘with or without a deal’

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Trump’s ‘big, beautiful bill’ passes key House hurdle after GOP rebel mutiny

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