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The IRS unit that audits billionaires has lost 38% of its employees since January, new data shows

Summary by ICIJ
The IRS’s unit that audits billionaires and other ultrawealthy individuals has lost 38% of its employees this year amid the Trump administration’s slashing of the federal workforce, according to new data obtained by ICIJ. The office, known as Global High Wealth, employed 353 people before the cuts and has experienced a far higher rate of terminations compared to the IRS as a whole, the data shows. The unit’s losses have left behind unfinished au…

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ICIJ broke the news in on Friday, March 28, 2025.
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