US IRS Audit Revenue Falls 35% to $6.5bn – Report

IRS' Auditing Cash Cow Seems to Be Drying Up

Audit dollars at the IRS didn't just dip last year under President Trump—they nosedived, a new watchdog report finds. The Treasury Inspector General for Tax Administration says that revenue from IRS audits fell 35% in fiscal 2025, to $6.5 billion from $10 billion a year earlier, after the...

Audit revenue has plummeted under Trump, watchdog finds

The IRS lost roughly a quarter of its employees since President Donald Trump took office, hampering the agency’s ability to conduct audits.

IRS Audit Revenue Has Plummeted Under Trump

“The amount of money the Internal Revenue Service collected from audits dropped dramatically last year after the Trump administration pushed out many of the agency’s employees, according to a watchdog report released on Monday,” the New York Times reports. “The report from the Treasury Inspector General for Tax Administration, called TIGTA, showed that IRS audits […]

US IRS audit revenue falls 35% to $6.5bn – report

Revenue from audit work undertaken by the US Internal Revenue Service (IRS) fell by 35% to $6.5bn in fiscal year 2025 (FY25), the New York Times (NYT) reported, citing a Treasury Inspector General for Tax Administration (TIGTA) document. The figure was $10bn a year ago. The downturn in audit proceeds followed workforce reductions introduced by President Trump at the start of his second term, the report added. The reduction led to the departure o…