The Internal Revenue Service Oversight Board issued a warning to Congress that the IRS is operating in a high-risk environment with budget constraints leading to lower staffing levels and reduce customer service for taxpayers.

In its annual report to Congress, the IRS Oversight Board praised the IRS for the progress it has achieved over the past fiscal year in making the nation’s tax system more efficient and effective, but cautioned that further budget cuts could potentially erode the agency's ability to collect revenue to fund essential government programs.

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