Buyouts Are Proving Popular At The IRS

Federal Times reports, more than 1,200 employees took early retirement and buyout offers in fiscal 2011.That represents more than 1 percent of the agency's total workforce. The National Treasury Employees Union, which represents IRS workers, says the agency has lost 5,000 employees over the past two years, and the cuts are hurting the agency's ability to help customers. Meanwhile, the number of tax returns being filed is growing.